cost of drugs

A study by the Rand Corp., a nonpartisan research organization, found that, across all drugs, U.S. prices were 2.78 times higher than the prices in 33 OECD countries. The gap was even larger for brand-name drugs.

Consumers often blame drug companies for the rapidly rising costs of some commonly used generic drugs. But changes made by insurers influence the price of these drugs, too, it turns out.