We’re committed to working with Congress, the Administration, and health care leaders throughout the country to stop out-of-control prescription drug pricing.
The problem is the price.
Millions of Americans rely on prescription drugs every day for their health, treating everything from the common cold to cancer. Prescription drugs cure what ails us – and save lives. But out-of-control prices are making it harder and harder for hardworking Americans to afford the medications they need to survive.
Big Pharma is making record profits while hardworking Americans and their families have to choose between food on the table and the medicines they need to stay healthy. In fact, 23 cents of every health care dollar are spent on prescription drugs, more than any other medical expense. Total spending on prescription drugs is estimated at $535 billion per year.
Big Pharma is gaming a broken system by price gouging American families when they need help most, like:
Increasing the price of opioid overdose drug Evzio 652% over just three years – at the height of the opioid crisis.
Raising the price of Humira, the world’s best-selling drug, 248% since 2012, to $57,735.99…annually
Increasing the price of antidepressant Wellbutrin by 596% from five years ago.