Most Consumers Don’t Know About Health Insurance Exchanges

A recent survey by CVS Caremark found that 78% of consumers who qualify for healthcare reform subsidies have never heard of state-based healthcare insurance exchanges where they will have to shop for coverage next year [1]. Although the exchanges are being promoted as transparent and user friendly, 60% of respondents said they believe they will need help to understand health insurance terms and navigate the system.

Health insurance exchange

2012: Banner Year for New Drugs

Fueled by new cancer therapeutics, last year the annual new molecular and biological entity approval count from the U.S. Food and Drug Administration (FDA) saw its highest year since 1997. One-third of the novel products approved by the FDA’s Center for Drug Evaluation and Research (CDER) are used to treat cancers of the blood, breast, colon, prostate, skin and thyroid.

FDA approved

Counterfeit ADHD Medication Common On Internet, FDA Warns

While any pharmaceutical purchased online may be counterfeit, of poor quality, or both, the FDA recently warned consumers with specific regard to the prescription drug Adderall, which is used to treat attention deficit hyperactivity disorder (ADHD) [1].

Authentic vs counterfeit Adderall

Poll Shows More Consumers Using Social Media for Health Information

A poll conducted by consulting company PricewaterhouseCoopers shows that one-third of Americans use social media, including Facebook and Twitter, to obtain information about health and wellness [1]. Respondents reported using social media resources to self-diagnose, get information about prescription drugs, and check up on doctors’ and hospitals’ reputations.

Connected via social media

LowestMed Mobile App Helps Consumers Make Informed Decisions About Prescription Drugs

LowestMed recently launched a first-in-the-industry mobile app that enables healthcare consumers to view and compare prescription drug prices — including $4 generic drugs — at leading supermarket and pharmacy chains in their local area on an iPhone or Android device.