Fierce Health Payers June 25, 2020
Not even the coronavirus pandemic—and the economic losses that have accompanied it—could lower drug prices, according to a new analysis.
Researchers at GoodRx, which offers discounts and coupons on prescriptions, found drug prices have only declined by 0.6% since February, according to data provided exclusively to Fierce Healthcare. In addition, drugmakers are expected to increase prices on July 1.
Meanwhile, COVID-19 has had an impact on prices in a number of other product lines over the past several months, according to the report. For example, prices for transportation fell by 33% between February and May, and prices for clothing and telephone services were also down.
Tori Marsh, a member of GoodRx’s research team, told Fierce Healthcare that prescription drug prices...
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