Spending On Cholesterol Reducing Statins More Than Doubles In Just Five Years, USA
Main Category: StatinsAlso Included In: Cholesterol; Cardiovascular / Cardiology
Article Date: 25 Jun 2008 - 11:00 PDT
Spending on statins, drugs used to reduce artery-clogging cholesterol, increased 156 percent between 2000 and 2005, according to the latest News and Numbers from the federal Agency for Healthcare Research and Quality. Statins can reduce a person's risk of heart attack or stroke by lowering "bad" cholesterol and triglycerides, another fatty substance in the blood, and raising "good" cholesterol levels.
AHRQ found that spending on statins jumped from approximately $8 billion to almost $20 billion during the five-year period. Statins include drugs such as Lipitor, Lescol, Pravachol and Zocor.
AHRQ's analysis of statin use between 2000 and 2005 also found:
- The number of people who bought at least one statin increased from about 16 million to 30 million.
- The total number of outpatient prescriptions for statins rose from about 90 million to 174 million.
- Average annual spending by individual statin users - whether costs were absorbed by the user, an insurer or both - increased from $484 to $661.
AHRQ, which is part of the U.S. Department of Health and Human Services, works to enhance the quality, safety, efficiency, and effectiveness of health care in the United States. The data in this AHRQ News and Numbers summary are taken from the Medical Expenditure Panel Survey, a detailed source of information on the health services used by Americans, the frequency with which they are used, the cost of those services, and how they are paid. For more information, go to Trends in Statins Utilization and Expenditures for the U.S. Civilian Noninstitutionalized Population, 2000 and 2005.
http://www.ahrq.gov
Visit our statins section for the latest news on this subject.
MLA
14 Feb. 2012. <http://www.medicalnewstoday.com/releases/112753.php>
APA
http://www.medicalnewstoday.com/releases/112753.php.
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The "True" Costs
posted by Duane Graveline MD MPH on 26 Jun 2008 at 5:32 amOur Agency for Health and Research Quality found that spending on statins jumped from approximately $8 billion to almost $20 billion between 2000 and 2005, an increase of 156%. As impressive as this figure is, it fails to include the well hidden costs of statin drug side effects. Our drug post-marketing surveillance program, Medwatch, was in existence throughout this time period, offering those with adverse reactions to their statin drug a means of reporting to FDA. Most statisticians agree that event reporting is grossly underdone and probably no better than 10% of actual incidence of drug reactions.(note: corrected values in parentheses) During this same time interval, 1592 (15,920) hospitalizations for rhabdomyolysis associated with Lipitor use were reported to Medwatch and slightly in excess of 20 (200) rhabdomyolysis deaths yearly were associated with the use of Lipitor.
Additionally during this period 662 (6,620) cases of severe cognitive dysfunction were reported to Medwatch, including 399 (3,990)cases of amnesia (commonly known as transient global amnesia) and 263 (2,630) cases of severe memory impairment. Peripheral neuropathy takes on a far more formidible character when one knows those cases associated with statin use are usually resistant to all forms of treatment. 547 (5,470) cases of neuropathy were reported to Medwatch during this time period, just from the use of the statin drug, Lipitor. Hepatitis has always been a “warned” side effect of statin treatment but despite these warnings and serial blood testing, 951 (9,510) cases of Lipitor associated hepatitis was reported to Medwatch during the period 2000-2005. Even more impressive than the magnitude of these hidden “costs” is the realization that none of these side effects were reported to the medical community. Your doctors are left unaware of the true side effect profile of the drugs they write thousands of prescriptions for. This link provides far more detailed information: http://www.spacedoc.net
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