10 Reasons Cancer Drugs Usually Cost $100,000 or More a Year
If you've picked up a prescription from your local pharmacy recently, you probably don't need me to tell you that prescription drug prices have handily outpaced wage growth and the rate of inflation in the U.S. for some time now.
According to Segal Consulting, prescription drugs are estimated to rise by 11.6% in 2017 for those under the age of 65, which follows an average price increase of 11.3% in 2016 for this same age group. Seniors don't have it much better, with projected increases in drug prices this year of 9.9%, following the 10.9% they rose in 2016.
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