MedCity News October 4, 2022
From July 2021 to July 2022, 1,216 prescription drugs saw price increases that soared past the inflation rate of 8.5% for that time period, one HHS report showed. Another reported that in 2021, the American healthcare system spent $603 billion on prescription drugs, of which $421 billion was spent on retail drugs.
Americans spend more on prescription drugs than any other country, and the problem has only gotten worse, two new reports show.
From July 2021 to July 2022, 1,216 prescription drugs saw price increases that soared past the inflation rate of 8.5% for that time period, according to a report from the U.S. Department of Health & Human Resources, published last week. These drug prices rose by an average...
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