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More Americans rely on handouts for affordable medication

SARAH MURRAY | THE FINANCIAL TIMES | 8 JUNE 2017

Martin Parkinson, life sciences expert at PA Consulting Group is quoted in an article in the 'Special Report, FT Health: Access to Healthcare' which discusses the affordability of American healthcare. 

The article examines Patient assistant programmes (PAPs) and assesses whether they may end up adding to the cost of healthcare. It also states that healthcare executives think that more sustainable solutions are needed to improve affordability. 

Building on this, Martin states that PAPs distract attention from finding a long-term solution to the problem of affordable drugs. He says: “They can create the illusion that affordability is not a problem because there is a mechanism through which all patients can access medicines irrespective of income.”

He goes on to say that healthcare pricing demands broader attention from the industry, policy makers and others.

He concludes that: “We need to look more comprehensively at the issue of affordability for patients, healthcare systems and the life sciences industry. There have been many solutions suggested by all stakeholders but we still find ourselves applying band aids to the problems.” 

Find out more about our work in life sciences.

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