Propecia is currently the only FDA approved prescription drug for dealing with hair loss. The company Merck markets the drug finasteride under the name Propecia. You can also get finasteride under the name proscar for dealing with prostate problems.
People currently taking Propecia should be aware that there are several provisions in the health care act that will have a significant impact on their prescription drug costs. In an attempt to raise revenue the health care bill added a new tax on brand-name drugs like Propecia. So if you happen to be taking Propecia at the moment you could be subject to the new tax if the bill isn’t amended.
The next thing you need to know is that employers will no longer be able to deduct prescription drug plans for retirees. This could potentially have an impact on seniors who are currently benefiting from this sort of program.
Obama’s new health information technology requires that doctors use certain computer systems so that the federal government can track your prescription drug use. A small percentage of people will shy away from taking a drug like Propecia over privacy concerns with this new system in place.
Under Obamacare “accountable care organizations” (AKA mini-HMOs) could potentially limit the overall number of prescriptions, what type of prescriptions, and how long you can receive certain drugs. Propecia has recently been in the news for permanent negative side effects suffered by a small percentage of users. With these recent negative reports many people have decided that taking Propecia isn’t worth the risk. In the near future ACOs might make that decision for you.
If that does happen you might need to find another source of the drug.