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Medication costs can be the selling price from the manufacturer, that price together with shipping, the wholesale price, the retail price, and the dispensed price. [3]The dispensed price or prescription cost is defined as a cost which the patient has to pay to get medicines or treatments which are written as directions on prescription by a prescribers. [4]
Comparing data from 2014 between Philippines, United States of America, and Canada, Philippines only spent 4.7% of their GDP on health while USA and Canada spent 17.1% and 10.4%. [2] [3] [4] Efforts are being performed to bridge the gap. On February 20, 2019, the Universal Health Care (UHC) Bill was signed into law, aiming to provide proper ...
As of September 2020, the Philippines has a population of nearly 110 million and a population density of 368 per square kilometer. 32% of the population of the Philippines is under 15 years old, and only 22.2% is over 60. In the Philippines, 16.6% of the population lived below the national poverty line in 2018. [8] [9]
Due to hyperinflation, those hospitals still open are not able to obtain basic drugs and medicines. [80] The ongoing political and economic crisis also contributed to the emigration of the doctors and people with medical knowledge. [81] In August 2008, large areas of Zimbabwe were struck by the ongoing cholera epidemic.
The catch-22 associated with health insurance — even with subsidies — is that the low-cost plans that most people can afford come with outrageously high deductibles, leaving the policyholder ...
The Biosimilar Red Tape Elimination Act aims to increase the market share of biosimilars. It could drive costs higher.
Essential medicines should be accessible to people at all times, in sufficient amounts, and be generally affordable. [2] Since 1977, the WHO has published a model list of essential medicines, with the 2019 list for adult patients containing over 400 medicines. [3] Since 2007, a separate list of medicines intended for child patients has been ...
Germany has the world's oldest national social health insurance system, [1] with origins dating back to Otto von Bismarck's Sickness Insurance Law of 1883. [2] [3] In Britain, the National Insurance Act 1911 included national social health insurance for primary care (not specialist or hospital care), initially for about one-third of the population—employed working class wage earners, but not ...