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Author Question: The cost of prescription medications, an indicator of healthcare costs, has skyrocketed from $2.7 ... (Read 54 times)

mydiamond

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on: Jun 10, 2020
The cost of prescription medications, an indicator of healthcare costs, has skyrocketed from $2.7 million in 1960 to $271.1 billion in 2013. What would be a reason for the increase in prescription medication costs?
◦ People want more prescription medications for all of their illnesses.
◦ Technology costs associated with new drug development
◦ The majority of prescription medications are used by an increasingly aging population.
◦ Health insurance covers all medication costs
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Marked as best answer by mydiamond on Jun 10, 2020

chevyboi1976

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Reply #1 on: Jun 10, 2020
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mydiamond

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Reply 2 on: Jun 10, 2020
Thanks for the timely response, appreciate it

pangili4

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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