Drug costs continue to outpace inflation

A recent survey conducted by the IT company Scripta Insights found 66 percent of Americans think they pay too much for prescription drugs, and 96 percent say they had switched, with physician approval, prescriptions or pharmacies to save money. Recent estimates predict the price for most prescription drugs will rise 7.3 percent this year, and the cost of specialty drugs could increase by 11.5 percent, outpacing inflation and the average wage increases. “It is no wonder that finding ways to save on medications is a growing financial priority for many consumers,” said the American Society of Health-System Pharmacists. Read the article here for more details.

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