Summary
Brand-name prescription drug prices rose at more than three times the rate of overall inflation last year, two groups pressing for lower prices said in studies Tuesday.
The reports by the 35 million-member AARP and the consumer group Families USA said the gap between prices for prescription medicines and general inflation has widened in recent years, -diminishing the purchasing power of older Americans who receive increases in Social Security based on the Consumer Price Index. The index is the government's most closely watched inflation measure.See the full content of this document
Extract
Brand-Name Drug Prices Rise Faster Than Inflation
"If the price of drugs keeps going up faster than inflation, it will become more and more dif...
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