| An overview
on Medicare, pharmaceutical drugs and other socialized medicine
trends in America ? 1n 2004,
approximately 36 million in the United States were over the
age of 65. By the year 2011, the first tier of baby boomers
will become eligible for Medicare. In 2030, the number of Medicare
eligible Americans will double to 71 million.
? The home to 40 percent of the online pharmacies
is Manitoba, Canada. Manitoba’s Internet drugstores provide
significantly more prescribed medications to Americans then
the province’s entire population (over one million).
? Over the course of the last ten years, prescription
drugs have escalated on average by more than 8 percent.
? Prescribed medications have exceeded inflation
in the United States.
? The rate of inflation has been roughly 2.5
percent, while the cost of medications has grown by 8.3 percent.
? More than 90 percent of all American senior
citizen require and take prescription medications on a regular
basis.
? In 2004, the prescription manufacturing sector
was ranked the third most profitable marketplace in America.
The industry has a healthy 16 percent profit margin. (Mining
and crude-oil production top the list of the most profitable
industries. Commercial banks rank number two in prosperity).
? Over the last decade, the volume of prescriptions
jumped 68 percent in the United States. In 1994, 2.1 billion
prescribed drugs were purchased. In the 2004, the number of
purchases made rose to 3.5 billion. (American population grew
by 12 percent.
Did you know? – The late former president of
the United States, Ronald Reagan innovated a record album titled:
“Ronald Reagan Speaks out Against Socialized Medicine.” The
album was a big hit amongst the wives of doctors trying to counter
the looming Medicare bill. |
