That was a real surprise. Generic drug prices have been kept down substantially compared to previous years. I'm not sure I can explain that, but it's certainly good news for consumers and more reason than ever to switch to a generic drug if you have that option.
More Quotes from John Rother:
What happened was the debate got polarized very early and the opportunity to find the middle ground was missed.John Rother
Every dollar in health care that we spend is somebody's income and they typically resist efforts to lower that. Ultimately, this is a question of political will.
John Rother
What we are seeing is a steady series of price increases for drugs. Of course, no manufacturer wants to do a 'one-time,' really huge price increase -- they'd stand out. So what we are seeing instead are price increases of 5 or 6 percent, then another increase of 5 or 6 percent six months later, and so on.
John Rother
Drug prices are going up faster than inflation and we need to do more to keep them affordable.
John Rother
I think the industry is more concerned about shareholders than they are about the patients who take the pills.
John Rother
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