The fact that more than 60 thousand Americans die each year from overdose of drugs, directly related to the question of how far are we willing to go to avoid the pain.
«What price in order to avoid pain or to get rid of it completely?» – up the matter with the National Bureau of economic research. It’s not just academic interest, pain relievers have become increasingly popular among consumers.
The study analyzed data from more than 22 thousand Americans over the age of 50 years who participated in the Federation-funded survey Health and Retirement Study in the period from 2008 to 2014. Respondents were asked three key questions: how satisfied they are with their life in General, how much money they earned in the past and how often they worry about the pain.
The authors found that two factors largely affect the amount of: the severity of the pain (the more pain you experience, the more you are willing to pay in order to get rid of it) and total income (the more money you have, the more you will give for pain relievers).
What amount of scientists have got studied all the answers? Respondents were willing to spend life without pain 56 — $ 145 a daythat in the year ranges from 23 to 56 thousand dollars. Given that the average household income is about 56 thousand dollars, the compromise is severe: some people are theoretically willing to give up their livelihood in order to get rid of the pain.
But the total price is partly intermittent pain when you contrast its cost painkillers. On the basis of recent data aggregator of the prices of drugs GoodRX, can you buy 120 tablets of oxycodone for $ 20 (without insurance). In total, four pills you pay 68 cents. The insurance coverage will reduce the price to virtually zero. All you need is a doctor’s prescription.
Imagine that you are a sane person suffering from pain and seeking to get rid of her more than 100 dollars a day. At the same time, there is medication that can help you and is a hundred times smaller. What will you do?
This study has its shortcomings, as mainly involved exclusively older Americans, but it shows the gap between what people are supposedly willing to pay to get rid of the pain, and the actual price for pain relievers.
