Search is Powered by Google
GastroIntestinal / Gastroenterology News

US Defense Department To Remove Nexium From Prescription Drug Formulary

Main Category: GastroIntestinal / Gastroenterology
Article Date: 10 May 2005 - 10:00 PST

email icon email to a friend   printer icon printer friendly   write icon view / write opinions   rate icon rate article


Current Article Ratings:

Patient / Public:not yet rated

Health Professional:3 stars

3 (1 votes)

Article Opinions: 0 posts

US Department of Defense officials on July 17 will remove the heartburn medication Nexium, a proton pump inhibitor manufactured by... AstraZeneca, from the department's prescription drug formulary to help discourage the use of expensive "me, too" prescription drugs that do not provide more benefits than older treatments, the Washington Post reports. As a result of the move, almost 140,000 active and retired military personnel and their families will not receive coverage for Nexium unless other medications fail. DOD will continue to provide coverage for four other proton pump inhibitors with a $9 copayment per prescription. In addition, military personnel and their families can purchase Nexium prescriptions for $22, as negotiated by DOD, rather the retail price of $120. "Nexium is not worth the money, period," according to Mike Krensavage, a pharmaceutical industry analyst at Raymond James Financial. He added, "It's pretty dubious to pay $4 a pill for Nexium when you can get over-the-counter Prilosec for 67 cents." William Winkenwerder, assistant secretary of defense for health affairs, said that DOD expects to save "many tens of millions" of dollars annually through the discontinuation of coverage for Nexium. DOD last year spent $5 billion on health care, a 500% increase over the past four years (Connolly, Washington Post, 5/8).

"Reprinted with permission from kaisernetwork.org kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation . © 2005 Advisory Board Company and Kaiser Family Foundation. All rights reserved.

View drug information on Nexium; Prilosec.





Personalized Homepage Weekly Newsletters Daily News Alerts
Opioid Induced Constipation ADHD Anxiety Asthma Autism Cancer Diabetes Lung Cancer Lupus Medicare / Medicaid Obesity and BMI Pancreatic Cancer Stem Cells All 'What Is...' Articles All 'How To...' Articles

Ophthalmology Urology
About Us News Licensing Free Website Feeds Free Tools & Content Tell a Friend Accessibility Help / FAQ Article Submission Links Contact Us

add medical news today to your facebook
medical news gadget

Swine Flu Image

Swine Flu Updates

- Latest Swine Flu News
- What is Swine Flu?
- Map Of H1N1 Outbreaks
- Swine Flu - Top 20 FAQ
- Daily Email News Alerts
Stick with Medical News Today for the latest news updates on swine flu.


These are the most read articles from this news category for the last 6 months:
Top Article Star
What are Hemroids? What are Hemorrhoids?
25 Feb 2009
Hemroids (or hemorrhoids) are also known as piles. Although they can be extremely unpleasant and painful for many people, they can be easily treated and often prevented. As hemorrhoids generally get worse as time goes by...


Talking with Your Doctor image Talking with Your Doctor

Talking with your doctor can sometimes be difficult. Good health care, however, depends on an open dialogue between patients and doctors...

Symptoms of Carcinoid image Symptoms of Carcinoid

Turning red at a party can mean you've had one drink too many. But flushing is sometimes a sign of carcinoid disease. Learn about these slow-growing, often-overlooked cancers...

View more videos...