Corporations are losing millions of dollars annually because "50% of the medications prescribed for employees and retirees are not being taken correctly," it was stated at the National Association of Employers on Health Care Action convention in Palm Beach, Florida. The meeting was attended by directors and managers of employee benefit plans, medical directors and health care executives.
Addressing the convention, Dr. Dorothy L. Smith, an internationally recognized patient information specialist in methods to improve patient compliance with medications and President of Consumer Health Information Corporation in McLean, Virginia, stated that, "It makes no sense to continue paying more than $15 billion annually for health costs associated with patient noncompliance with medications when they can be prevented by educating people how to take their medications correctly."
When employees do not take medications correctly, Smith continued, the Health Benefits Plans are forced to pay for additional doctor visits, emergency room visits, additional laboratory tests, hospitalizations, new medications, as well as the costs of worker absenteeism and decreased work productivity.
For example, Smith noted, one study demonstrated that the average annual medication procurement cost for patients who took their medications as directed was $250. This figure jumped to $1000 when the patients suddenly stopped taking their medications. Smith noted, too, that when patients become compliant (take their medications as directed), the benefit:cost ratio of patient education programs has been documented to be 100:1 due to improved health.
Patients need more patient information than can be typed on the prescription label, Dr. Smith stressed in her remarks. To better control health care costs, she said, the prescription instructions must be explained by a pharmacist and a sheet of written patient instructions should be given to each employee
About Consumer Health Information Corporation
Consumer Health Information Corporation was founded by Dorothy L. Smith, Pharm.D, an internationally recognized clinical pharmacist with expertise in patient adherence and patient education. The mission of Consumer Health Information Corporation is to help patients learn how to manage their diseases and prescribed treatments safely and wisely. The company has developed more than 4000 evidence-based patient education programs for medications, medical devices, disease management and Phase III clinical trials worldwide. A respected clinical and educational source, Consumer Health Information Corporation has won major national and international awards for excellence in patient and consumer education programs that have significantly increased patient adherence. Dr. Smith is the author of more than 130 professional articles, 23 books and has delivered more than 150 professional and scholarly addresses.
Copyright 2012 Consumer Health Information Corporation. All rights reserved.
Contact Us for a link to the published article.
Consumer Health Information Corporation
Experts in Patient Education and Adherence Since 1983
8300 Greensboro Drive, Suite 1220
McLean, Virginia 22102