Pharmaceutical companies say they’ll roll back prices once healthcare reform’s passed. The dark side: They’ve already raised prices this past year — a staggering 9%, say analysts.
Drug makers promised to support federal health reform by slashing $8 billion off the nation’s drug bill once the legislation has passed.
Unfortunately, they’ve been raising their prices at the fastest rate in years — and many industry analysts say it’s solely to offset the future discounts they’ve promised.
Just how much will the increases add to the nation’s pharmaceutical costs? The 9% increase is estimated to add nearly $10 billion to the nation’s drug bill.
What do this year’s increases mean for your company’s health costs?
If you’ve got people taking brand-name prescription drugs daily, the average annual cost for those drugs will be $2,000 — that’s $200 more than last year.
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