The Health care industry has not been making any progress and there seems to be a sense of stagnancy around. Medical experts and researchers have forecasted that the consumption levels of prescription drugs are likely to rise in the coming few years because of rapid popularization and smart marketing and advertising. But more and more number of people are now becoming skeptic to use drugs for their problems and they don’t even want to visit a hospital anymore. They would wish to go for either alternative treatment or home care, which they feel is much better.
Besides that, the government wants to cut costs for the health care in a big way and this is affecting the pharmacists as well as the consumers. The insurance companies are trying their level best to control these new moves made by the government. Due to this, the overall turnover the large pharmacies are reducing and their profits are also dwindling. The medicine world is very competitive right now and the overall sales are not looking very good. The price of the Generic drugs has already fallen and now it has been estimated that by next year, the prices of branded drugs will also see a downfall. People now tend to buy more over-the-counter medicines and the branded drug preference is reducing. Cutting health care costs is not the solution.
No comments:
Post a Comment
Spam Messages will be deleted Automatically.