As Americans get gouged on healthcare, Big Pharma cannibalizes profit to feed shareholders

By Angelo Young

“To give you an idea of how much Americans are getting gouged on their purchases of medicine, consider this: Over the past three years, the cost of six commonly used drugs categories, including treatments for asthma, diabetes, cancer, and HIV, have risen by an eye-popping average of 30 percent, or more than five times the rate of inflation. With an average cost of nearly $1,200 per year per person, prescription drugs cost more in the U.S. than anywhere else in the world.”…

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