No End In Sight: Drug Prices on the Rise Again in 2017

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No End In Sight: Drug Prices on the Rise Again in 2017

Jan, 2nd 2017

If there’s a remedy for rising drug costs, it’s not likely to be available to many Americans in 2017. 

Prescription drug costs for Americans under 65 years old are projected to jump 11.6 percent in 2017, or at a quicker pace than the 11.3 percent price increase in 2016, according to consulting firm Segal Consulting. Older Americans won’t get much of a break: Their drug costs are projected to rise 9.9 percent next year, compared with 10.9 percent in 2016. By comparison, wages are expected to rise just 2.5 percent in 2017. 

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