Thinking About Health: Prescription Drug Prices Climb into the Stratosphere
•July 15, 2015• By Trudy Lieberman Rural Health News Service There’s no getting around it. Americans are using more medications and spending more for them. The latest evidence just came from Express Scripts, the pharmacy benefit manager, which acts as a middleman between drug makers and employers. The number of Americans—almost 600,000—with yearly medication costs of more than $50,000 rose 63 percent from 2013 to 2014. The group of patients with costs over $100,000 nearly tripled. By any measure these are huge increases that don’t signal much hope that the U.S. can bring down its medical spending, which is now … Read More
