Drug companies keep raising prices (Axios)

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    Drug companies keep raising prices – By Marisa Fernandez (Axios) / January 14 2021

    More than 100 pharmaceutical companies raised prices on over 600 drugs at the beginning of the new year, according to a new report from the advocacy group Patients for Affordable Drugs.

    The big picture: Millions of people have lost their health insurance because of the pandemic, and uninsured patients must often pay the full sticker price for prescription drugs.

    By the numbers: 95% of price hikes were on brand-name drugs. The median increase was about 5%, and almost all of them were greater than inflation.

    CONTINUE > https://www.axios.com/drug-price-increases-new-year-2021-cf1fce6d-3c82-456f-9a6c-6b5144b4f061.html

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