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The
market for our product...
Billions of Prescriptions Each Year
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Every year, more than 3.6
billion prescriptions are filled in the United States.
This translates to an average
of 12 prescriptions for every person. |
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There are approximately
50 million Americans
without any health care or prescription benefits! |
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Retail prescription prices
increased an average of 7.5% a year from 1994 to
2006 (from an average price of $28.67 to $68.26).
That’s almost triple
the average annual inflation rate! |
Prescription
Drug Costs
Why the concern about prescription
drugs?
- Prescription drugs are the fastest-growing
part of the nation's health care expense.
- Pharmacy bills have become a significant
item in the budget of most families, even those with
medical insurance.
- The problem is worse for seniors who
constitute 12% of the population, but use over 36%
of the prescription drugs.
- The rest of the population, especially
those without health insurance, are significantly
affected by high drug prices.
Outlook
for the Future...
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U.S. prescription
drug spending is projected to increase from $200.7
billion in 2005 to $497.5 billion in 2016. That’s
a 148% increase in 11 years! |
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Government
analysts expect by 2010, the expenditure for prescription
drugs will account for 14.2% of our national
health care dollars spent! |
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From 1995 to
2002, pharmaceutical manufacturers were the nation’s
most profitable industry. |
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“My family takes several prescriptions each month
and every time I pick up my prescriptions, I place the
receipts in a folder. One day I was curious as to how
much this program had saved me since I started using
it, so I got out the receipts and began adding them
up. When I was done, I was astounded to learn that my
total savings so far were $561.74. I think this is really
amazing considering this program is free. All I had
to do was show my card one time and now the pharmacy
keeps my information on file. It’s great.”
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Sheri H.
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"After a trip to the dentist I needed two different
medications. I had heard about the Rx card from
a friend, but didn't have one. I went home, found
the website in no time, printed the 'card' on a
piece of paper and went to the pharmacy. I saved
close to $25."
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James C.
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“I take prescriptions for a thyroid condition.
Periodically my doctor requires me to have lab work
done to analyze my thyroid function to see if he
needs to alter my treatment. My previous tests had
been over $400, but with the lab and imaging discount
benefit I was able to reduce my cost to $176. I
use the program for both lab tests and prescriptions.”
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S. Kaddatz
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