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Within the year of 2014, the cost of prescriptions had increased by at least 11.4% and 58% within the last eight years. The average cost for a month supply of brand-name drugs can run up to a couple of hundred US dollars, whereas in Canada and Great Britain the same medication could cost up to $40 US dollars.
Formulary (pharmacy) A formulary is a list of pharmaceutical drugs, often decided upon by a group of people, for various reasons such as insurance coverage or use at a medical facility. [1] Traditionally, a formulary contained a collection of formulas for the compounding and testing of medication (a resource closer to what would be referred to ...
Arguments that drug laws are effective. Supporters of prohibition claim that drug laws have a successful track record suppressing illicit drug use since they were introduced in the 1910s. [1][2] The licit drug alcohol has current (last 12 months) user rates as high as 80–90% in populations over 14 years of age, [3] and tobacco has ...
By 2018, drugs—both prescription and non-prescription—were the second largest healthcare expenditure in Canada at 15.3% of the total. [ 32 ] According to the December 2020 CIHI report, in 2019 public drug programs expenditures were $15 billion, representing a one-year increase of 3%. [ 110 ]
Off-label use. Off-label use is the use of pharmaceutical drugs for an unapproved indication or in an unapproved age group, dosage, or route of administration. [1] Both prescription drugs and over-the-counter drugs (OTCs) can be used in off-label ways, although most studies of off-label use focus on prescription drugs.
In Canada, an average of $917 was spent annually by individuals or private insurance companies for health care, including dental, eye care, and drugs. In the U.S., this sum is $3,372. [78] In 2006, healthcare consumed 15.3% of U.S. annual GDP. In Canada, 10% of GDP was spent on healthcare. [8] This difference is a relatively recent development.
Counterfeit medications. A counterfeit medication or a counterfeit drug is a medication or pharmaceutical item which is produced and sold with the intent to deceptively represent its origin, authenticity, or effectiveness. A counterfeit drug may contain inappropriate quantities of active ingredients, or none, may be improperly processed within ...
Drug liberalization is a drug policy process of decriminalizing, legalizing, or repealing laws that prohibit the production, possession, sale, or use of prohibited drugs. Variations of drug liberalization include drug legalization, drug relegalization, and drug decriminalization. [ 1 ] Proponents of drug liberalization may favor a regulatory ...
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