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Pills on top of hundred dollar bill
Retail prices for more than 100 widely used specialty prescription drugs surged by nearly 11 percent in 2013, according to a new AARP Public Policy Institute (PPI) report issued today. The report found that the average annual cost of a specialty medication used to treat chronic diseases and conditions rose to more than $53,000 — greater than the U.S. median income and more than twice the $23,500 median income of people on Medicare.
Mature couple researching medicine on the internet
By Nicole Duritz
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For decades, doctors, drug companies and the Food and Drug Administration have assured us that low-cost prescription generic drugs - which make up an estimated 80 percent of the prescription medicines we take - work just as well as the costlier brand-name drugs they mimic.
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By Julie Appleby, Kaiser Health News
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