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Wednesday, August 24, 2016

The Complex Math Behind Spiraling Prescription Drug Prices

The Complex Math Behind Spiraling Prescription Drug Prices
By KATIE THOMASAUG. 24, 2016

This is an update of an article that was published earlier this year.

The soaring cost of prescription drugs has generated outrage among politicians and patients. Some cancer drugs carry price tags of more than $100,000 a year, and health plans are increasingly asking people to shoulder a greater share of the cost.

What is the controversy over drug pricing all about?
Much of the attention has focused on a handful of pharmaceutical companies that have snapped up old drugs and then aggressively raised prices, sometimes by more than 1,000 percent.

Read the article, here...



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