America wasted an incredible $129 million on a drug that doesn't work against COVID.
Third, the publicizing of ivermectin by anti-vaccine and anti-government activistsof the drug, producing a spike in calls to poison control centers.
The $129.7 million spent on wasteful ivermectin, the letter’s authors calculated, is more than the annual Medicare spending on unnecessary imaging for lower back pain, a low-value diagnostic order that has been widely researched. No one has paid much attention to the ivermectin expense, however.Ivermectin is increasingly the subject of misinformation and ignorance. It’s a troubling sign.
Finally, consider the indirect cost. “By decreasing financial barriers to ivermectin, insurers are essentially facilitating access to a drug that some people use as a substitute for COVID vaccination,” Chua observes. “In that sense, they could be raising their own costs for COVID complications.” As with the entire crusade against COVID vaccination, promoting ivermectin is a reckless attack on public health and a disservice to victims who are duped into making bad choices for their health and safety.
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