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HHS: Prescription drug costs have skyrocketed in recent years - Vimarsana News

HHS: Prescription drug costs have skyrocketed in recent years

From July 2021 to July 2022, 1,216 prescription drugs saw price increases that soared past the inflation rate of 8.5% for that time period, one HHS report showed. Another reported that in 2021, the American healthcare system spent $603 billion on prescription drugs, of which $421 billion was spent on retail drugs.