Cost of Truvada
Jun 26, 2011
Why has the cost of Truvada gone up by $300.00 or more over the last three years? Increase DATES BACK TO 2008. June 2010, another increase. In Nov 2010, it was announced that Truvada could be used by HIV neg folk as a way to prevent getting HIV. The price just went up again. What's going on here? Not enuf $$$$ being made by capitalist exploiters? After all, HIV/AIDS is a recession proof industry. Thanks for any illumination on this subject.
Response from Dr. Young
Hi and thanks for your post.
The price of medications (HIV and others) to the private sector in the US (like private insurance companies) is, generally speaking, not regulated. [BTW, prices of medications to government agencies, like the VA medical system, or ADAP is governed by statue.] As a result, pharmaceutical companies are free to increase the price of their medications as they see fit. This is actually in stark contrast to the other G8 countries who regulate the price of medications (and price increases) as a condition of entry to their commercial market. Call it what you will, but the net result is less expensive medications to the consumers whether they be private individuals or national health care systems.
For more information about the price of HIV drugs in the US and what you can do about it, please check out The Fair Pricing Coalition's website.
Be well, BY
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