S&P Report Finds Rx Prices Driving Increased Health Care Costs

“Annual prescription price hikes are driving the overall increase in health care costs and making health care less affordable for Americans. Today’s S&P report confirms what we’ve been saying — these increases in drug cost are unsustainable — and solutions to promote transparency, increase competition, and focus on value must be advanced,” said John Rother, executive director of the Campaign for Sustainable Rx Pricing (CSRxP).

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Real People. Unconscionable Numbers.

Troubling numbers from the Centers for Disease Control and Prevention (CDC) this week show nearly 3.5 million Americans are currently living with hepatitis C – many of which are unaware of their infection. Luckily, this chronic illness is treatable, but at a staggering cost.

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CSRxP Introduces Proposals for Change

The Campaign for Sustainable Rx Pricing (CSRxP) kicked off the week with the introduction of its new policy platform aimed to curb skyrocketing prescription drug prices through increased transparency and competition which results in value. CSRxP’s solutions come at a critical time in the conversation about drug pricing, as this bipartisan issue garners unprecedented attention among policymakers, voters, and presidential candidates.

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Quick Facts About Rising Prescription Drug Costs

Drug prices in the United States are too high and continue to skyrocket. The unsustainable cost of prescription drugs not only puts pressure on the health care system but increasingly; patients, employers, and providers are paying prices that are too high.

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