Latest News & Info

Nov
29
2011
Viagra - Prices Skyrocket
 

Viagra is a lifestyle medication that’s not considered a “life-saving” or even “pain-relieving” drug

But genuine Viagra doesn’t make patients who use the medication any less angered about the 20-percent price increase Viagra experienced between the first quarter of 2008 and the first quarter of 2009.

Although the cost of genuine Viagra is not covered by Medicare (not since 2005) or health insurance providers, most Viagra patients suffer from a known medical condition – erectile dysfunction.

Doctors and researchers agree that ED is a condition with causes that are almost always physical, not psychological.

Therefore, the great majority of ED patients have no way to cure their condition without taking a safe and proven medication such a s Viagra.

Right now, Viagra is the only ED medication that is FDA-approved.

So where does this leave the U.S. consumer? Emptying his wallet of more and more cash. Prices of brand-name medications are rising much faster than inflation. Without healthcare reform, this trend will make many medications unaffordable to even more patients than those who already can’t afford them.

In an Associated Press article, the AARP points out that the prices manufacturers charged for the most widely used brand name drugs rose 8.7 percent in 2008, higher than in years past. The general inflation rate in 2008 was 3.8 percent.

As the New Yorker points out in an extremely educational article: “The perception that the drug industry is profiteering at the expense of the American consumer has given pharmaceutical firms such as Pfizer a reputation on a par with that of cigarette manufacturers.”

One interesting point made in this article is that generic medications are very inexpensive (and getting even cheaper in this down economy) in America. This is requiring many older Americans to switch over to viagra, if they are available.

But many medications, such as Viagra do not have generic alternatives - which is how companies such as Pfize can, and do, make as much money as they can while they have the monopoly.

There is nothing to stop them and there are more pharma lobbyists on Capitol Hill than there are lawmakers.

For more news stories about Viagra please click here.