Analyzing the Challenges of Drug Pricing and Access to Essential Medications

Authors: Mohammed khamees Al Otaibi, Abdullah Omar Albedah, Bassam Ali AlDuwairij, Ma’an Mohammad Ali Altaf, Mansoor Abdulrahman Alghazi, Sultan Marwaee Meashi

Country: Saudi Arabia

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Abstract: The challenges of drug pricing and access to essential medications have been a significant issue in the healthcare sector for many years. In 2014, these challenges were particularly prominent, with escalating drug costs and barriers to accessing essential medications affecting patients, healthcare providers, and policymakers alike. This essay analyzes the challenges faced in drug pricing and access to essential medications , focusing on the various factors contributing to these difficulties. The methodology involved a comprehensive review of academic literature, policy documents, and reports from reputable sources. The findings indicate that high drug prices, limited access to essential medications, and regulatory barriers were among the key obstacles encountered. However, there were also efforts made to address these challenges through policy interventions and advocacy initiatives. The limitations of the study include the lack of recent data and the need for further research to explore the current landscape of drug pricing and access to essential medications. Recommendations for addressing these challenges are proposed, emphasizing the importance of multi-stakeholder collaboration, transparency, and evidence-based decision-making. Overall, this essay highlights the complexities surrounding drug pricing and access to essential medications and suggests avenues for improvement in the future.

Keywords: drug pricing, access to essential medications, healthcare, challenges, policy

Paper Id: 231355

Published On: 2014-05-05

Published In: Volume 2, Issue 3, May-June 2014

Cite This: Analyzing the Challenges of Drug Pricing and Access to Essential Medications - Mohammed khamees Al Otaibi, Abdullah Omar Albedah, Bassam Ali AlDuwairij, Ma’an Mohammad Ali Altaf, Mansoor Abdulrahman Alghazi, Sultan Marwaee Meashi - IJIRMPS Volume 2, Issue 3, May-June 2014.

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