N.H. Leaders Join Bipartisan Push For Free Market Solution to High Drug Costs
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When New Hampshire union leaders and the free-market activists of the Josiah Bartlett Center are on the same political page, something is up. In this case, it’s prescription drug prices.
Despite an increase in the number of available generics, drug costs spiked in recent years. As CBS News reports: “So far in 2019, more than 3,400 drugs have boosted their prices, a 17 percent increase compared with the roughly 2,900 drug price increases at the same time in 2018, according to a new analysis by Rx Savings Solutions, a consultant to health plans and employers. The average price hike for those 3,400 drugs stands at 10.5 percent, or about 5 times the rate of inflation.”