5 March 2019 - Stahis Panagides walked into his local pharmacy recently to pick up medicine his doctor had prescribed for his Parkinson’s disease. But when he saw the price tag, the 81-year-old from Bethesda, Md., left the pill bottle on the counter.
“I am glad we have some of the best medicine in the world,” Panagides said. “But if the price is so high and we can’t afford it, what’s the use?”
The problem is familiar to families across the country that are watching their medical expenses eat up more of their household budgets. Health insurance premiums and deductibles are higher, and industry analysts say the list prices for brand name and specialty prescription drugs are climbing faster than inflation.