Cost Of Prescription Drugs Increases 9.5% Annually, Coordinated By Industry

Cost Of Prescription Drugs Increases 9.5% Annually, Coordinated By Industry from Natural Blaze Scripps Research analyzed pharmacy insurance claims from over 35 million Americans, finding ‘continual, marked, annual increases’ of popular brand-name drugs, with price jumps often timed with competitors. After reviewing tens of millions of insurance claims for the country’s 49 most popular brand-name prescription drugs, a team from Scripps Research Translational Institute found that net prices rose by a median of 76 percent from January 2012 through December 2017—with most products going up once or twice per year. The substantial price increases…

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