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Searching for Solutions to Rising Specialty Drug Prices

Searching for Solutions to Rising Specialty Drug Prices

FromThe Bio Report


Searching for Solutions to Rising Specialty Drug Prices

FromThe Bio Report

ratings:
Length:
14 minutes
Released:
Dec 10, 2015
Format:
Podcast episode

Description

Retail prices for more than 100 widely used specialty drugs rose nearly 11 percent in 2013, according to a new report from AARP Public Policy Institute. The report found that the average annual cost of a specialty drugs used to treat chronic diseases rose to more than $53,000 — greater than the U.S. median income and more than twice the $23,500 median income of people on Medicare. We spoke to Leigh Purvis, director of health services research in AARP’s Public Policy Institute about the report, trends that are fueling demand for these drugs, and whether there are public policy solutions to rein in rising drug prices that can be implemented without harm to innovation.
Released:
Dec 10, 2015
Format:
Podcast episode

Titles in the series (100)

The Bio Report podcast, hosted by award-winning journalist Daniel Levine, focuses on the intersection of biotechnology with business, science, and policy.