Price Of Paxlovid Set To Skyrocket in 2023
The Covid-19 pandemic took a huge toll on the United States, with the total number of deaths so far?well over one million.?Many more became infected with Covid and suffered through the symptoms of long covid, which for some lasted months. Paxlovid was introduced in July 2022, and has single handedly kept many Americans from being hospitalized, or even worse, dying.
While Paxlovid has been free to those who need it in the US since its introduction last year, that won’t be the case in the coming years, starting with mid-2023. The drug was able to help over 6 million Americans so far, but when the price quadruples there’s worries it will no longer be affordable to people who need it.
How Much Will Paxlovid Cost?
The exact cost of the drug hasn’t been announced yet, but it’s believed that the cost to patients will skyrocket, based on the prices the government has been paying for bulk units. Each course costs the government about $530, and they have bought approximately 20 million doses so far.
The cost for a patient will likely be much higher than the government’s fee of $530, with speculations of double the cost or more. That will put the drug far out of the budget of millions of Americans, making it inaccessible and possibly leading to hospitalization and death.
Will It Still Be Accessible To People Who Need It?
There is definitely a correlation between those who most require the drug to avoid serious illness, hospitalization, or death, and those who aren’t able to afford it. Senior citizens, disabled people, and the uninsured will have the hardest time getting hold of the drug once the price increases, although they’re the most in need of it.
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A quarter-million of Americans have died in 2022 so far due to Covid-19 and related complications, which far outweighs the numbers killed by Diabetes and stroke. The vast majority of these deaths were of seniors aged 65 or older, again highlighting how dangerous Covid-19 continues to be for vulnerable people.
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