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Started By
Message
Drug prices down 2% in last 12 months
Posted on 7/21/19 at 9:12 am
Posted on 7/21/19 at 9:12 am
The Consumer Price Index (CPI) for prescription drugs decreased 2.0 percent in June from 12 months prior according to the CPI release from @BLSgov today. This is the lowest 12-month change since January 1968. #BLSdata
The inflation-adjusted CPI for prescription drugs has now fallen 12.1 percent below its pre-Inauguration expansion period trend.
LINK
Amazing what deregulation can do.
The inflation-adjusted CPI for prescription drugs has now fallen 12.1 percent below its pre-Inauguration expansion period trend.
LINK
Amazing what deregulation can do.
This post was edited on 7/21/19 at 9:13 am
Posted on 7/21/19 at 8:26 pm to Lsujacket66
Nope. Trump said mean stuff.
Posted on 7/21/19 at 8:30 pm to Lsujacket66
Also because some years there are really expensive cures that come out that skew the inflation. I've read this happened with Sovaldi in 2015 I think. When you can cure Help C with a pill treatment nobody considers the net spending on treatment. The demonization of pharma needs to stop.
Posted on 7/21/19 at 8:36 pm to wutangfinancial
That’s all the time.
These new biologics are coming out all the time.. for RA/ migraines/Cancer treatments.. that are all several thousand dollar drugs right off the bat made for a small niche of patients that cost MILLIONS of dollars to recoup.
These new biologics are coming out all the time.. for RA/ migraines/Cancer treatments.. that are all several thousand dollar drugs right off the bat made for a small niche of patients that cost MILLIONS of dollars to recoup.
This post was edited on 7/21/19 at 8:40 pm
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