When clicking on the link to the Food and Drug Administration website, it immediately takes me to the introductory page of the FDA site called, “Background on Drug Advertising.” On the left hand side there are links that take you to other pages, such as: a glossary of terms, questions you should ask yourself as a consumer when watching drug advertisements, and even a sample of correctly and incorrectly made drug advertisements. These are helpful to consumers because it arms people with the knowledge to identify if a drug advertisement is misleading or not. The site does a good job of putting their information under headings that make it easy to find information that somebody may be looking for, making the FDA website user friendly for consumers.
Specifically, what consumers may find to be the most beneficial on the website is the description of the requirements that different types of drug advertisements must include in their ads. Ads like those of product claim advertisement must include, what the drug is, its major risks, and “at least one FDA approved use for the drug.” among others. People have a right to know these things before deciding to take a product.
However, consumers may still be at risk because the advertisements are not required to name all of the side effects a drug may have, just some of them. Instead, companies may choose to tell consumers where else they can find more information on their drug. There is no requirement as to where that could be. The FDA only has suggestions as to where the company could put more information, like a website, providing a toll free number, or a printed ad in a magazine. These things should be required, not suggested. Also, not all types of advertisements are required to list their side effects, like Reminder and Help-Seeking Advertisements because they don’t describe what the drug does, even if it alludes to it. Despite not listing its uses consumers may still be at risk because a person may take the drug without knowing if it is really helpful or not. It may end up harming them instead. Especially if they don’t know if that drug may clash with another drug the consumer is taking or if it really will be beneficial to the condition the consumer has.
Center for Drug Evaluation and Research. (n.d.). Prescription Drug Advertising – Prescription Drug Advertising: Questions to Ask Yourself. Retrieved November 20, 2017, from https://www.fda.gov/Drugs/ResourcesForYou/Consumers/PrescriptionDrugAdvertising/ucm071915.htm
Being a young adult, financial health seems to be something I feel not only myself but other people in my age bracket are struggling with. I think that there are several factors as to why young adults are stuck when it comes to their financial situation and I think that not all of these factors are taught in schools or talked about home, or if they are, then they are not taught properly.
One thing I know that is a big conversation is financial aid. Schools promote financial aid all the time and how to get it and parents always speak about how their child should apply for it once they get the chance to. However, what I feel is never talked about is what happens when that financial aid is not given to you or when the school year is up. Financial aid can cause the student or the family to accumulate debt rather quickly due to the amount of interest that can occur once the student graduates. If the debt is not paid off quick enough, the more consequences occur. Financial aid is beneficial when helping a student pay for school – but there is a lot of fine print with it. Also, with the prices of college increasing every year, financial aid can either increase, decrease, or remain the same. I believe that politicians should work to lower interest rates, provided more financial aid when necessary, or work to make community colleges free or the first two years of college free. That way there is an opportunity for everyone to get a higher education without having to dig themselves into debt.
Another factor is credit cards. I think that growing up and hearing my parents and other adults around me talk about credit cards or even the term “credit” created this idea that I needed to start building credit once I was old enough to – and that is what I did. At 18 years old, I applied for a credit card and I have had one ever since. I have done well, thus far, at maintaining my credit score with my credit card, bills, etc. but I feel that some other people my age may not be so fortunate. There is an assumption that one needs credit in order to do any other “adult” purchases or decisions and therefore, that is why young adults open credit accounts at the first moment possible. But then they are not educated enough on how to fix the issue once it gets out of hand. I think that there should be courses offered on how to avoid financial issues like this and how to resolve them. As mentioned in the slides, education and counseling about credit can be extremely beneficial especially to young adults.
The third factor, that I actually struggled with personally while living on my own in a college town, is landlord and tenant issues and the fees that came with it. A few years ago I was living in a house with five other young adults in Bellingham going to Western at the time and we had run into a number of financial issues with our landlord – more specifically, our management company that was overseeing the paperwork for our landlord. While the lease was rather detailed, there were some things missing from it. We got random “noise compliment” charges or “extra garbage bags” fees and none of these minor fees were laid out in the lease. Being college students, we are all slightly limited on income so being hit with random fees ontop of rent was always really annoying. Long story short, we eventually all left the house because our management company was going to keep draining our wallets. However, during the process, we did not get any of our security deposits back when that was promised. That was the biggest concern of ours, was getting our $500+ back into our pockets – but the check never showed up. In situations like this, I wish that more help was available to us when we needed it and I wish that we had all taken the proper legal actions to protect ourselves as tenants so that we did not have to pay endless fees.
What’s consumer healthish about the picture below? It came in an email ad mentioning something about always having a “backup drink” handy….
Do you want to wear a stylish bangle on your wrist filled with wine, just in case? Honestly.
Without even talking about substance abuse issues, I’m thinking this simply parallels something I wonder about lately – creating an environment where we’re eating (and now, maybe, drinking) all the time…. Stop and think, people! Don’t buy everything that’s sold to you.