Prescription drug prices are on the rise. Data from the Centers for Medicare and Medicaid Services reveals that on average, Americans spend approximately $1,200 a year on prescription medications, numbers that have gone up due to rising prices.
In fact, a recent study by the Kaiser Family Foundation showed that nearly one-third of patients say they’re skipping prescription medicine because of the cost. That same study noted four out of five Americans believe the cost of prescription drugs is unreasonable.
Viquar Mundozie, MD, FAAFP, a family physician at Mercyhealth Harvard South in Harvard, Ill., says he often sees patients having to choose between fulfilling daily necessities versus taking medications.
“Many Medicare patients are desperate for help affording meds,” he says. “As primary care providers, the burden of inflated drug prices comes as urgency and we need to be proactive in speaking up and advocating for our patients. This not only helps our patients but entire communities and our nation.”