Many Prescription Drugs Are Costlier Than Ever
Prescription drugs spiked upwards in 2020, raising prices an average of more than five percent. Bottom line: Many prescription drugs are costlier than ever.
If you have Medicare coverage, you may have experienced the prescription coverage gap known as the “donut hole.” Good news: the “donut hole” has been closed.
For people who need prescription drugs, especially for chronic health problems, soaring drug prices can have a devastating and, sometimes, even a deadly effect.
While many drugs shot up in price in 2020, some are lower. New generics have been approved, offering less expensive alternatives for some brand-name drugs.
Your total Medicare prescription costs depend on several factors, including changes made by Congress. Here’s why some Medicare drug costs are higher this year.
Nearly half of the U.S. population took at least one prescription drug over the past month. The most prescribed medications are used for a wide range of conditions.
Why do pharmaceutical companies charge so much for drugs? It’s complicated.