InsuranceNewsNet: Prescription Drug Prices Climbed 10.43% in 2015

InsuranceNewsNet: Prescription Drug Prices Climbed 10.43% in 2015

Amidst increasing consumer concerns and mounting scrutiny from lawmakers, a new report indicates prescription drug prices rose 10.43 percent in 2015 – continuing to squeeze American household budgets and adding fuel to the debate surrounding soaring healthcare costs.

The figures were released as part of the OneRx® National Drug Index®(NDI®)1, the only prescription drug price index in the U.S. that measures the average price of prescription drugs, driven by the most commonly prescribed medications.

Calculations showed prices increased across drug categories, similar to figures reported last year, with branded drugs up 14.77 percent, specialty drugs up 9.21 percent and even generic drugs rising 2.93 percent.

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Topics: News

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Truveris Team