Visual Capitalist April 16, 2025
How U.S. Medicare Prices Compare to Other Rich Nations
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Medicare, the U.S. government’s health insurance program primarily for seniors, covers nearly 65 million Americans—but at what cost?
Despite its massive scale, Medicare often pays significantly more for prescription drugs than health systems in other rich nations. In this infographic, we compare the prices for a 30-day supply of 10 prominent drugs using data from Peterson-KFF.
Data & Discussion
A provision in the Inflation Reduction Act of 2022 required Medicare to negotiate prices with pharmaceutical companies for 10 high-expenditure drugs that lack generic...
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