Rx Drugs Cost Americans $374B Last Year

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U.S. spending on prescription drugs jumped 13 percent last year to a total of $374 billion because of a huge increase in the number of Americans who have health insurance.

“It was the largest dollar growth in a single year we’ve ever measured,” said IMS Health’s Michael Kleinrock.

That spending is in part due to an absurdly expensive Hepatitis C drug marketed by Gilead: The breakthrough cure costs $80,000 per patient. Read more at the Los Angeles Times.

{Andy Heller-Matzav.com Newscenter}

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