Some people have to take a prescription drug for their health, not just for a temporary illness but for an ongoing condition, and it often costs them a lot. Harvard published a few reasons why that is so (photo). When it's expensive, that drug may take a big chunk out of their budget. The cost can be overwhelming for some.
Researchers reported in 2022 that pharmaceutical companies charge Americans much higher prices than customers pay in other countries. The U.S. president is aware of this, and has told 17 of those companies that their pricing must be made more equitable.
According to that study, "Prices for brand-name and generic drugs were nearly three times higher in the U.S. than in 33 other countries in 2022 . . .[M]akers of prescription drugs set gross prices in the United States in 2022 at 278% of prices for the same drugs in the comparison countries."
If you are an American who must take an expensive drug and who struggles with the cost, things are going to change for you.
from Health Journalism
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