MINNEAPOLIS/ST. PAUL (09/27/2022) — In a research letter published in JAMA Internal Medicine, University of Minnesota researchers compared the prices of 120 medications commonly used in humans and pets. The authors found the price of human medications was generally higher than the price of pet medications with the same ingredients at common human-equivalent doses.
On average, the retail price of human medications was approximately 5.5 times higher than pet medications. Discounted prices for humans were higher than pet prices for more than 60% of medications. On average, discounted prices were 1.5 times higher for human medications than for pet medications.
‘’A 10-day supply of the same medication costs $2 for a pet dog, $10 for a person with a discount coupon, and $100 for a person without a coupon,” said Arjun Gupta, MBBS, assistant professor at the U of M Medical School and oncologist with M Health Fairview. He is also a member of the Masonic Cancer Center. “With many humans and pets uninsured or underinsured, it is important that cash prices for medications are affordable and that pricing is not exploitative.”
Human prices were also higher than pet prices for drugs such as antibiotics. Researchers warn this may promote humans sourcing antibiotics for their own use from pet sources, especially since human antibiotic use is more regulated.
The reasons behind the dramatic price differences remain unclear. The research team says one possibility may be drug manufacturers engaging in price discrimination by charging consumers different prices in different markets for the same product. Additionally, price differences could reflect variations in medication effectiveness, willingness to pay, and manufacturing, storage, and regulatory standards.
Further research is suggested to explore the causes of price differences.
About the University of Minnesota Medical School
The University of Minnesota Medical School is at the forefront of learning and discovery, transforming medical care and educating the next generation of physicians. Our graduates and faculty produce high-impact biomedical research and advance the practice of medicine. We acknowledge that the U of M Medical School, both the Twin Cities campus and Duluth campus, is located on traditional, ancestral and contemporary lands of the Dakota and the Ojibwe, and scores of other Indigenous people, and we affirm our commitment to tribal communities and their sovereignty as we seek to improve and strengthen our relations with tribal nations. For more information about the U of M Medical School, please visit med.umn.edu.
JAMA Internal Medicine
METHOD OF RESEARCH
SUBJECT OF RESEARCH
Price Comparison of Human and Veterinary Formulations of Common Medications
ARTICLE PUBLICATION DATE
Dr Dusetzina reported grants from Arnold Ventures and the Commonwealth Fund during the conduct of the study; grants from the Robert Wood Johnson Foundation and The Leukemia & Lymphoma Society, as well as personal fees from the Institute for Clinical and Economic Review, the National Academy for State Health Policy, and West Health outside the submitted work; and serving on the Medicare Payment Advisory Commission. No other disclosures were reported.
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