US EditionThe rising cost of prescription drugs in America: Can discount cards provide relief
- Prescription drug spending in the United States has risen significantly, with a 7.5% increase noted in 2023, according to the Centers for Medicare & Medicaid Services.
- Nearly 30% of Americans reported not taking prescribed medications due to cost concerns, as found by a 2022 Kaiser Family Foundation study.
- Prescription discount cards are being used to provide immediate cost savings, particularly for those without coverage or high out-of-pocket costs, but they do not resolve systemic pricing issues.
- Some Pharmacy Benefit Managers may be suppressing reimbursements to independent pharmacies, leading to higher drug prices and less competition.
11 Articles
11 Articles
Letter: Congress needs to act to lower drug prices
Letters submitted by BDN readers are verified by BDN Opinion Page staff. Send your letters to letters@bangordailynews.com As drug prices continue to rise in the United States, it’s becoming increasingly clear to me that Big Pharma is putting profits ahead of patients. Pharmaceutical companies have raised prices year after year, often with no justification, making life-saving medications unaffordable for millions of Americans. The price of some d…
NE Iowa Publishing
D.C. Dispatch: Miller-Meeks, Grassley introduce bills on drug costs
Members of Iowa’s congressional delegation have introduced legislation they say will help lower drug costs. U.S. Congress has largely not met this week, with most of the attention in national politics centering on President Donald Trump’s moves to close the…
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