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For retirees, general inflation is already a challenge. But according to new research, drug prices are rising much faster than that.
A recent study by AARP, the nonprofit seniors advocacy group, found that America’s most expensive medicines have outpaced inflation by a long shot. The top 25 costliest drugs covered by Medicare, AARP found, have increased in price by an average of 226% since they entered the market.
Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio
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Insurers are financial institutions, not healthcare companies, which has significant implications for how we can fix problems that have been around for years.
As costs for care balloon, benefit leaders and employees should be proactive about their retirement saving strategies.
Medical plan cost increases or adjustments will require increased employee education, providing an opportunity to reinforce health literacy.
The U.S. agreed to exempt U.K. pharmaceutical products from tariffs.
In light of the Republican proposal, we need to keep in mind that consumer-driven health care is a failed theory that will not deliver better health at a lower cost.
