what are some initiatives to lower drug costs

Expert Solution

The rising cost of the prescription drugs is a serious issue as majority of the people in need belong to older age group who may have financial constraints.

Some initiatives which lower the cost of the prescription drugs are :

Including the low cost generic drugs which are approved instead of brand drugs which are too costly.
To decrease cost of the generic drugs that are approved by FDA.
To cover some of the prescription drugs under insurance.
Benefit free health check ups and provision of free prescription drugs on certain events by government foccussed on senior citizens.
Extra help programs which benefit the poor.
Provision of drugs directly to the needed instead of middlemen which cuts down the cost of the prescription drugs.
Developing international standard for pricing of drugs which avoids higher pricing by few drug companies.
Check online for any program that assists the patients medicine needs.

THANK YOU.

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