Menopause and The Pink (Period) Taxes
My comments are in BOLD.
So, how much is this costing us and what are these products that are taxed that should not be besides Tampons and Pads...let’s take a look.
From: https://www.northwestpharmacy.com/special-features/is-there-a-pink-tax-on-medication-for-women.aspx
“From consumer products to medication, products that are marketed specifically to women are often more expensive than comparable products on the market. This is referred to as the “pink tax.” While it’s not necessarily a literal tax (although it can be in some cases), gendered pricing differences can cost female consumers over $1,000 per year according to studies.
According to one theoretical pink tax calculator, a 45 year old American woman has lost over $60,000 just to the pink tax over the course of her lifetime. For a 65-year-old woman, pink tax losses are almost $90,000. To make matters worse, many women are unaware of the fact that they’re being charged more for the same products, on top of so many of the additional factors that already make life more expensive for American women.”
STOP...Wait...What?
So, between the ages of 45 and 65 – the Menopause Years – the average woman loses $30,000.00 to the Pink Tax.
Let’s continue with the article:
“Asking women to pay more for everyday items like shampoo, razors, body wash, and feminine hygiene products like tampons is bad enough, however the problem becomes exponentially worse when the sky high costs of prescription drugs in the United States are also factored in.
Studies have found that even medications can be subject to uneven and unfair pricing variations that disproportionately cost women more money. According to research published in the JAMA Dermatology journal, women can pay as much as 40% more for Rogaine (minoxidil), which is sold over the counter in U.S. pharmacies like Walgreens, CVS, Rite Aid, Walmart, Kroger, and Target.”
Same product, more for women because it’s “pink”.
We’ll continue again...
“However, the cost of a particular medication is just one factor in how much more money women end up spending on their health and wellbeing over their lifetimes. In the U.S., women also have to contend with insurance premiums, co-pays, deductibles, and indirect costs, like lost or diminished wages and professional advancement opportunities due to unpaid family leave and childcare obligations.
For women who are uninsured or have plans that lack full or adequate coverage, the pink tax is that much worse. Due to the private, for-profit nature of the U.S. healthcare system, people in general, and women in particular, end up paying much more for the services and medication they need (assuming they can afford them at all).”
There you have it ladies.
When will we fight back enough for them to listen?