Rising Drug Costs Hover as Election Issue

Rising Drug Costs Hover as Election Issue

As Election Day gets closer and closer, health care seemingly becomes more and more complex as new information and concerns arise. The uninsured rate is at a new low of 9.1 percent. That's good news for Democratic candidates. But insurance premiums are predicted to rise 11 percent next year – bad news for everyone, and possibly for those same Democrats.

In addition, the total amount of spending on prescription drug prices increased around 20 percent from 2013 to 2015. It was this last topic, how to address the rising cost of complex drugs, that drew the attention of congressmen and a panel of industry leaders and policy experts Thursday during a forum sponsored by RealClearHealth and Express Scripts. Dr. Steve Miller, senior vice president and chief medical officer at the latter, set the stage for the discussion, stating that “we have a [drug pricing] system that is not sustainable.”

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