Americans in survey say drug industry cares more about profits than people

Share this article:
Overall, 44 percent of Americans said they have a favorable opinion of drug companies, while 50 percent have an unfavorable view, according to the results of a survey issued yesterday by the Kaiser Family Foundation.
Drug companies are viewed more favorably than oil companies (36 percent favorable) and tobacco companies (17 percent), but less than doctors (82 percent favorable), hospitals (78 percent) and banks (75 percent), the survey said.
However, even though most Americans believe prescription drugs are improving their lives, they also say that the drug industry cares more about profits than people.
Seventy percent of those surveyed said drug companies are more interested in profits than patients.
In addition, 69 percent said medicines are a very important factor in rising health-care costs and 65 percent think there isn't enough government regulation of prices.
People also blame drug companies for rising health-care costs.
Nearly 60 percent said prescription drugs increase overall medical costs because they are so expensive.
"Rightly or wrongly, drug companies are now the number one villain in the public's eye when it comes to rising health-care costs," said Drew Altman, the foundation's president.
Share this article:
You must be a registered member of MMM to post a comment.

Email Newsletters

MM&M Future Leaders

Register now

Early bird $1,950 before 31 October 2014

*Group discounts available on request 


Patient access to pharmaceuticals is a tale of two worlds—affordability has improved for the majority, while the minority is hampered by cost, distribution and red tape. To provide marketers with a well-rounded perspective, MM&M presents this e-book chock full of key insights. Click here to access it.