Forbes September 21, 2020
Over the last 100 years, the practice of medicine has come a long way. More focus on evidence-based research, new innovations in medical technology, and novel therapeutic and treatment methods are just some of the ways that modern medicine has been able to increase both quality of life and the average life expectancy of society. However, one major area of concern in the last decade has been prescription drug pricing.
Late last week, famed pharmaceutical information and discount company GoodRx published a report titled “Prices for Prescription Drugs Rise Faster Than Any Other Medical Good or Service.” After comparing The Bureau of Labor Statistics’ Consumer Price Index to the GoodRx Drug List Price Index, the comprehensive report found that “while...