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In January 2017, President Donald Trump accused the pharmaceutical industry of “getting away with murder” with high price increases, and promised to do something about it. He’s set to share his plan to do so Friday.

The amount Americans spend on prescription drugs has nearly doubled since the 1990s, a 2017 government investigation found, meaning the United States spends the most of any high-income nation. List prices rose 6% over the past 12 months alone, according to the prescription website GoodRx. Medicare drug prices soared 10 times the rate of inflation.
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Americans didn’t always spend the most. In the 1980s, several countries spent equally, but US spending grew faster in the 1990s, according to a 2017 analysis from the Commonwealth Fund. This was partially because several expensive specialty drugs came to market, and because drug companies that set the price in the United States, unlike in Europe, which has price controls.

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Click link below for article and video:

https://www.cnn.com/2018/05/11/health/most-expensive-prescription-drugs/index.html

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