Medication prices continue to be a major concern for many Americans. Recent months have seen a deluge of stories of drugs with $100,000+ price tags. A 2015 poll found that a third of patients saw a price increase in their medications last year. The problem is that these price increases have different causes, making it difficult to solve all the issues. With advances in science we have seen development of new, highly successful drugs sometimes costing as much as $1000 per pill. These prices are often seen as justified when researchers look at the benefits of a curative versus the […]
Tag: expensive medication
Insurers Drop Expensive Medications
It is no secret that drug prices continue to be a problem in the United States. In a previous blog post, we discussed the environment in which skyrocketing drug prices are allowed to take off. It has continued to be an important subject to Americans and the ongoing presidential campaigns. The growing issue of medications costs is punctuated with head-spinning facts such as drugs that are $1,000 per pill in the US costing as little as $4 in India, or the life-expectancy is higher in Costa Rica than the United States despite higher income and amount spent on healthcare by […]