Independent Voter Project

There is Something About Prescription Drug Costs You Don’t Know

Health care prices are always on the minds of consumers. This is no surprise since Americans now spend more of their disposable income on health care than at any other point in U.S. history. Scandals like the surge in EpiPen prices add fuel to a perpetual fire over rising health care prices in the United States, including the cost of prescription drugs.

However, during the Independent Voter Project’s annual Business and Leadership Policy Conference, professionals in the biotech industry explained that patients are often denied the right information about the cost of their prescription drugs, including who all controls these prices.

Biotech professionals are often labeled as the bad guy, because the myth is that pharmaceutical companies solely control the prices that patients pay at the pharmacy. But the system is far more complex and complicated than that...

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