Forbes July 22, 2022
Katharina Buchholz

U.S. residents are paying more than twice as much for prescription drugs as people living in other countries. A paper by think tank Rand Corporation found that U.S. prescription drug prices surpassed those in 32 other countries by around 150 percent on average. U.S. patients are even paying upwards of triple the price for Rx drugs as Koreans, Greeks, Portuguese, Slovakians and residents of the Baltic countries, the analysis found.

Turkey had the cheapest prescription drug prices in the comparison, with Americans paying almost eight times as much as residents of the Adriatic country.

On the other side of the spectrum is the U.S.’ neighbor to the South, Mexico. Compared to local prices there, Americans are paying a premium of...

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