In recent months, the pace of drug price hikes has cooled down.
According to a GoodRx analysis, the price for all drugs, brand and generic, has increased by 32% since 2014. This steep increase comes as no surprise, but a deeper look at price trends for some common conditions tells a more intricate story.
As it turns out, prices for drugs that treat certain conditions are rising faster than others. Specifically, prices for drugs that treat rheumatoid arthritis and anaphylaxis have increased by over 90% since 2014, while prices for depression and anxiety medications have dropped by 18%.
While the media continues to ring alarm bells over rising drug prices, it seems as if some Americans may be feeling these steep increases more than others.