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Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
There are approximately 88,000 pharmacies in the United States. Over half (about 48,000) are located within drug stores, grocery stores, hospitals, department stores, medical clinics, surgery clinics, universities, nursing homes, prisons, and other facilities. The remaining pharmacies are considered to be independent or privately owned.
As of 2016 [update], the US spent $3.3 trillion (equivalent to $4.11 trillion in 2023; [ 104 ] 17.9% of GDP), or $10,438 (equivalent to $13,252 in 2023 [ 31 ]) per person; major categories included 32% on hospital care, 20% on physician and clinical services, and 10% on prescription drugs. [ 123 ]
Here are a few reasons you might find MA appealing: Your one plan can replace multiple plans. Average premiums are as low as $18.50 a month. There's a limit on your annual out-of-pocket costs ...
An independent pharmacy is a retail pharmacy that is not directly affiliated with any chain of pharmacies and is not owned (or operated) by a publicly traded company. Independent pharmacies are pharmacist -owned, privately held businesses in varying practice settings. They include single-store operations, pharmacist -owned multiple store ...
Here are the 10 medications selected for this initial round of price negotiations, with the discount off the 2023 list price, according to HHS: Januvia (diabetes): 79%. Fiasp/NovoLog (diabetes ...