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U.S. Doctors Choose a $2000 Drug Instead of a $50 Alternative to Treat Eye Condition

Posted By admin On December 9, 2013 @ 6:12 am In Featured Stories,Money Watch,Tile | Comments Disabled

Peter Whoriskey and Dan Keating
Washington Post [1]
December 9, 2013

The two drugs have been declared equivalently miraculous. Tested side by side in six major trials, both prevent blindness in a common old-age affliction. Biologically, they are cousins. They’re even made by the same company.

U.S. Doctors Choose a $2000 Drug Instead of a $50 Alternative to Treat Eye Condition 091213doc

Image: Doctor (Wikimedia Commons).

But one holds a clear price advantage.

Avastin costs about $50 per injection.

Lucentis costs about $2,000 per injection.

Doctors choose the more expensive drug more than half a million times every year, a choice that costs the Medicare program, the largest single customer, an extra $1 billion or more annually.

Full article here [1]

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URLs in this post:

[1] Washington Post: http://www.washingtonpost.com/business/economy/an-effective-eye-drug-is-available-for-50-but-many-doctors-choose-a-2000-alternative/2013/12/07/1a96628e-55e7-11e3-8304-caf30787c0a9_story.html

[2] US breast cancer drug decision ‘marks start of death panels’: http://www.prisonplanet.com/us-breast-cancer-drug-decision-marks-start-of-death-panels.html

[3] FDA Allows Use of Experimental Antiviral Drug to Treat H1N1: http://www.prisonplanet.com/fda-allows-use-of-experimental-antiviral-drug-to-treat-h1n1.html

[4] If given a fair choice, most consumers would choose alternative medicine over conventional health care: http://www.prisonplanet.com/if-given-a-fair-choice-most-consumers-would-choose-alternative-medicine-over-conventional-health-care.html

[5] “Mainstream” Doctors and Nurses Often Use Alternative Medicine for Themselves: http://www.prisonplanet.com/%e2%80%9cmainstream%e2%80%9d-doctors-and-nurses-often-use-alternative-medicine-for-themselves.html

[6] Some conventional doctors now discriminating against patients who choose not to vaccinate their children: http://www.prisonplanet.com/some-conventional-doctors-now-discriminating-against-patients-who-choose-not-to-vaccinate-their-children.html

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