Managed Care Weekly Digest
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Healthcare Costs
AARP studies find rising prescription drug prices and rising voter concern about affordability
October 9th, 2006
In a poll and related report released recently, AARP found prescription drug affordability continues to challenge Americans as manufacturer prices for nearly 200 of the most commonly used brand name medications for older adults rose, on average, 6.3% in the 12 months ending with June 2006. According to AARP's latest quarterly Watchdog that monitors drug prices, the average manufacturer price increase for brand name drugs continues to outpace the annual 3.8% rate of general inflation for that same period. On average, manufacturers of 75 generic drugs widely used by people age 50+ increased prices by a relatively low 0.4%. Leading the pack of...
Source: Managed Care Weekly Digest (2006-10-09)
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