DAILY FACTOID from MCOL
 Thursday                             for MCOL Members                                   November 29, 2007   

High Costs Lead to Low Rx Compliance

  Sponsor Message
Hospitals and Convenient Care Webinar: Thursday, December 6th, 2007 at 1PM Eastern

A Webinar & Audio Conference Event with Dr. Chris Kersey, Chief Business Development Officer and Chief Medical Officer, RediClinic; Mary Kate Scott, Scott & Company, Inc.; and Patricia Shea, Partner, K&L Gates.

Convenient Care continues to proliferate and attract significant interest from consumers and health care stakeholders. While the majority of Convenient Care clinics are retail pharmacy sponsored, a growing number of Convenient Care operations have been directly sponsored and operated by hospital systems, or are offered under partnerships and alliances between retail pharmacies and hospitals. This session addresses the current financial, legal and marketplace issues for hospital involvement in Convenient Care.

Individual Registration Fee: $225. Audio Conference CD-ROM: $40 for attendees; $285 for non-attendees after the event Click here to register or call 209.577.4888.

Visit http://www.healthwebsummit.com/ccare120607.htm or call 209.577.4888.

  Factoid
 
High Costs Lead to Low Rx Compliance

Recent studies show high drug prices have caused patients to cut back on their medications, which can be very costly for patients and employers in the long run.

  • Only 50% of patients typically take their medicines as prescribed.
  • Poor prescription adherence costs $1.77 billion annually in direct and indirect health care costs.
  • 31% had not filled a prescription they were given.
  • 24% had taken less than the recommended dosage. 

In addition, in the past year:

  • 20% of adults had not filled at least one prescription.
  • 16% of adults said they had taken a medicine less frequently than prescribed.
  • 14% of adults admitted taking a smaller dose than prescribed.
  • Among those with health insurance, 10% of individuals under age 65 and 33% of those over age 65 do not have prescription drug coverage
Data Source: National Council on Patient Information and Education, 2007. www.talkaboutrx.org.
Publication: Employee Benefit News, October 2007.
 
For additional information, please read: Enhancing Prescription Medicine Adherence: A National Action Plan, National Council on Patient Information and Education, August 2007. www.talkaboutrx.org.

 

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How to get your copy: Call 209.577.4888 or review online at: http://www.mcareol.com/mcolfree/mcolfre1/ahip/yahip.htm

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Copyright 2007, MCOL, Inc. All Rights Reserved.

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The data source for this Daily Factoid is indicated above. MCOL has provided this Factoid for general informational purposes only, and MCOL can not make any representations regarding the accuracy of data cited from other sources.

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