Drug Prices Spike by Double the Inflation Rate in 2012

Drug prices increased by 3.6% in 2012, more than double the inflation rate of 1.7%Prescription drug prices rose 3.6% in America during 2012, more than twice the 1.7% inflation rate, according to a recent USA Today article citing Bureau of Economic Analysis data. Other healthcare costs, including doctor visits, lab tests, and nursing home expenditures increased less than the inflation rate.

Unfortunately, high drug prices are an urgent health crisis in America. An estimated 150 million prescriptions go unfilled each year and 25 million Americans report becoming sicker because they skip medicine, all due to cost. For more on the deadly problem of drug prices, visit RxSOS. These dramatic price increases have a very real effect on American health, and makes the work we do at PharmacyChecker.com all the more important for Americans struggling to afford medication to find safe and affordable medication online

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