Drug price hikes are back for 2020

Posted on AllSides January 2nd, 2020
From The Left

Pharmaceutical manufacturers have raised the sticker prices on hundreds of drugs at the start of 2020, with most of the increases coming under 10%.

The big picture: It may be a new year, but the same drugs are once again subject to the same industry practices.

Between the lines: Political pressure has forced some drugmakers to consider fewer price hikes on their medicines or to keep the increases in single-digit percentages.

Raising prices doesn't necessarily mean net drug spending (after rebates and other discounts given to health insurers) goes up...

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