Policy Event Week 5
Name, Sponsor, Link to the Event
Ã¼ Harvard Chan School and independent news media
Place, Date, Length of the Event
Ã¼ Leadership Studio at the Harvard T. H Chan School of Public Health
Ã¼ September 26th, 2018
Ã¼ One hour four minutes
Names of Participants and their Titles
Ã¼ â€œCaroline Humer- correspondent for Reuters. Moderator of the eventâ€.
Ã¼ â€œAaron Kesselheim- associate professor of medicine, Harvard Medical School, Brigham and Women’s Hospital, and director of the Program on Regulation, Therapeutics, and Lawâ€.
Ã¼ â€œRichard Frank- Professor of Health Economics in the Department of Health Care Policy at Harvard Medical Schoolâ€.
Ã¼ â€œSteven Pearson- president of the Institute for Clinical and Economic Reviewâ€.
Ã¼ â€œLeemore Dafny- Professor of Business Administration at the Harvard Business Schoolâ€.
Brief Summary of the Topic Discussed
The event was meant to discuss why US drugs are so high as compared to other high-income countries. The event was meant to create insights for policymakers on ways of addressing the pressing health care issues in the US. The forum discussed ways that health care institutions, medical schools, and the government can collaborate to improve health care systems.
My Analysis of the Health Policy Issue and its Implications for Health Care
The US government spends most of its per capita income on drugs but the drugs are still expensive due to the lack of proper policies on drug prices (Kliff, 2018). The high prices of drugs affect the quality of health care, patient experience, and health care outcomes. Some patients are unable to afford drugs and sometimes they skip their prescriptions or take less than the recommended dosage (Hamm, 2019). Lack of proper policies to regulate the prices of drugs increases the regulatory burden resulting in the delay of getting drugs to the market. The high costs of drugs increase morbidity and mortality rates in the US (Jenkins, 2019). Access to affordable health care should be made a fundamental right for the citizens in the US.
Hamm, N. (2019). How high drug prices affect patients. Managed Healthcare Executive. https://www.managedhealthcareexecutive.com/view/how-high-drug-prices-affect-patients
Jenkins, J. A. (2019). Soaring drug prices affect nearly every American. https://www.aarp.org/politics-society/advocacy/info-2019/jenkins-soaring-drug-prices.html
Kliff, S. (2018). The true story of Americaâ€™s sky-high prescription drug prices. https://www.vox.com/science-and-health/2016/11/30/12945756/prescription-drug-prices-explained
The Forum, Harvard T.H. Chan School of Public Health (2018). U.S. Drug Prices Why Are They So High? https://theforum.sph.harvard.edu/events/u-s-drug-prices/