Drug companies are making record profits while 1-in-4 patients cannot afford the medications they need most. So, it’s difficult to understand why anyone would be opposed to lifting up the hood on rising drug prices.
Over the past five years, brand name drug prices have increased at 10 times the rate of inflation. Just look at Humira — the world’s bestselling drug, commonly used to treat arthritis. Over the last five years, the price of Humira has been raised 12 times, causing a 248 percent price increase. Today, the cost of one prescription is nearing $40,000.
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