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Between 2014 and 2015 alone over 260 brand name prescription drugs increased in price by an average of 15.5 percent which is 130 times the rate of general inflation. [60] This system creates a natural monopoly for the drug companies meaning that they can drive the price up without facing any punishment from the federal government.
Health insurance costs are a major factor in access to health coverage in the United States. The rising cost of health insurance leads more consumers to go without coverage [1] and increase in insurance cost and accompanying rise in the cost of health care expenses has led health insurers to provide more policies with higher deductibles and other limitations that require the consumer to pay a ...
Policyholders often pay thousands of dollars before the insurance company starts paying its share, which is only 60% — you’re still on the hook for the other 40%.
About 5.3 million people on Medicare used the drugs between Nov. 1, 2023, and Oct. 1, 2024, according to the CMS. Together, the 15 drugs selected accounted for $41 billion, or 14%, of total ...
Adults over 50 made up more than half of voters in the 2020 election, making the concerns of this key demographic some of the most critical to the upcoming presidential election.
According to data reported by The Henry J. Kaiser Family Foundation in 2017, 45% of non-elderly adults do not have medical insurance because of cost. [2] Those who are "medically indigent earn too much to qualify for Medicaid but too little to purchase either health insurance or health care."
Cefixime, sold under the brand name Suprax among others, is an antibiotic medication used to treat a number of bacterial infections. [5] These infections include otitis media , strep throat , pneumonia , urinary tract infections , gonorrhea , and Lyme disease . [ 5 ]
Without insurance or discount programs, Ozempic can cost around $1,000 a month. Most insurance providers only cover the cost when it’s used to treat type 2 diabetes.
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