Tuesday, April 12, 2005

AARP: Wholesale Drug Prices Rise Faster Than Inflation

The AARP has just published its annual survey of the wholesale prices of brand-name drugs commonly taken by older Americans.
In short, prices rose by 7.1% in 2004, while the Consumer Price Index rose 2.7%. Since 1999, the increase was 35.1% while inflation was 13.5%.
The news story in USA Today is here. The actual report is here.
A spokesman for the Pharmaceutical Research and Manufacturers of America called the results "exaggerated and misleading."
Let's see who gets the blame for this...

2 comments:

healthcareformass said...

Just something you might be interested in relating to the AARP study, and trouble getting quality, affordable healthcare...
In Massachusetts, a constitutional amendment that would make healthcare a right is working its way through the legislature. The text of the amendment reads: Upon ratification of this amendment and thereafter, it shall be the obligation and duty of the Legislature and executive officials, on behalf of the Commonwealth, to enact and implement such laws, subject to approval by the voters at a statewide election, as will ensure that no Massachusetts resident lacks comprehensive, affordable, and equitably financed health insurance coverage for all medically necessary preventive, acute and chronic health care and mental health care services, prescription drugs and devices.
Find out more about the campaign at Health Care for Massachusetts

healthcareformass said...

oops...link is Health Care for Massachusetts