Usually in a recession, prescription drug companies are exempt from the woes of most industries, but in the present day economy, more Americans are leaving prescriptions unfilled or resorting to cheaper forms of health care with greater product liability.
Wolters Kluwer Health released a report in early April, 2009 with data focusing on how the current recession, in an unusual turn, is actually hurting the prescription drug market. Patients do not have the money to help pay for their medical bills and to add insult to injury, insurance companies are rejecting coverage for a large number of prescriptions, such as pain medication which is prescribed after a car accident.
When brand name drugs decline in usage, generic medicines rise to fill the gap. These generic prescription drugs may not be as effective in treating medical ailments and come with a higher risk of product liability.
Our firm’s San Diego personal injury lawyers know from experience that when a person is sick or hurt, lack of high quality medical treatment causes pain and suffering, as well as a high amount of emotional trauma. Health care overhaul supporters want to encourage using generic prescription drugs and the private insurance and government sectors are following their lead.
In the fourth quarter of 2008, health plans denied 10.8% of brand name prescription drugs to patients, a 21% increase from 2007. Insurance companies might deny prescriptions for specific drugs because a less-expensive alternative, generic medicine is available for use.
Our firm’s highly qualified personal injury lawyers in San Diego assist clients every day who are involved in automobile accidents, pedestrian accidents and other personal injury accidents. During the course of our work we have learned that the highest quality of prescription drugs are the best tools for helping injured parties recover.
If you were involved in a car accident where you were severely hurt, you would want the best form of medicine to restore your health. Now imagine that you are denied access to the highest quality of prescription drugs because you cannot afford them.
Call us now at 1-858-551-2090 or click here for a free consultation with an experienced personal injury lawyer and find out how we can help you. We speak English and Spanish, and we look forward to providing advice for your case. No fee if no recovery.
SENIOR PERSONAL INJURY ATTORNEY & FIRM FOUNDER
Michael Pines is a former insurance company attorney who graduated from the University of California Hastings College of the Law in 1987. While he was an insurance attorney, he learned from behind the scenes how insurance companies work and how they decide how much to pay injured people. Now that he works against insurance companies, Michael’s inside knowledge has resulted in significant benefits to his clients injured in car accidents. Learn more about Michael Pines