Question

Switching drugs to OTC status generally increases costs for insured patients.

Answer 1

Switching drugs to OTC status generally increases costs for insured patients. False.

Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a prescription from a healthcare professional, as opposed to prescription drugs, which are sold only to consumers showing a prescription. In many countries, OTC drugs are selected by a regulatory agency to ensure that the ingredients of those are safe and effective when used without a physician's care.

Answer 2

False

Further Explanation:

The transfer of prescription medicines to OTC status is called “Rx-to-OTC switch”. Many new medicines are first introduced as the prescription medicines and post sufficient time elapsed in the use of the medicine by many patients at large scale and after gathering scientific information, for suitable conditions, a manufacturer may choose to deposit the application to the medical authorities which look after the issue of giving new OTC licenses.

OTC drugs are used to treat patients who do not need any health-care professionals if they have been proven to meet their safety standards for self medications by patients. Most of the times, a drug that has lower strength is approved for the OTC use but drugs with higher strengths require proper medical prescriptions. One example of a drug that is given under OTC status is ibuprofen which has been widely used as an OTC drug since the 1980s.  

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Answer Details:

Grade: High School

Chapter: OTC Status

Subject: English

Keywords:

OTC Status, Drugs, License, Medication, Medical, Authorities, Ibuprofen, Authorities, Conditions, Manufacturer, Gathering.