Skyrocketing Drug Costs – Why Drug Costs Are So Difficult To Bring Down!

[vc_row][vc_column][vc_column_text]Why are Drug Costs Are So Difficult To Bring Down ?

AARP launched its “Stop Rx Greed ” campaign to lower drug prices.

The message is that Americans are spending an excessive amount on prescription drugs, the cost of which likely topped $330 billion in 2018. By comparison, the highly lucrative NFL generated less than $15 billion during the 2017 season.

On the same day this message blasted out, there was a health care conference being held, where bio-pharmaceutical management enthralled the crowded room with descriptions of potential curative therapies for rare diseases that would generate sales of $1 billion annually. The patient population for some of these products is only 1,000, implying a cost per person of $1 million.[/vc_column_text][/vc_column][/vc_row]