Why Prescription Drugs Can Be Costly
Prescription drugs have had a significant impact on human society. From treating temporary conditions and controlling chronic conditions, prescription drugs have been critical to preserving long-term health and quality of life for millions of people for well over a century. However, prescription drugs tend to be quite expensive in the United States when compared to other countries. A 2023 RAND Corporation study found that brand-name prescription drug prices in the U.S. were 3.44 times higher compared to 32 similar nations. According to a Kaiser Family Foundation Health Tracking Poll, 8 in 10 U.S. adults believe prescription medication prices in the…