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Why do I pay so much for my medicines?

Why do I pay so much for medicine?

While we negotiate with insurers and advocate that patient out-of-pocket costs be affordable, the price patients pay for the medicines their physicians prescribe is ultimately set by healthcare providers and insurers.

On average, insurers cover a lower share of prescription drug costs than other healthcare expenses.i We believe that medicines are amongst the most powerful tools in curing, treating and preventing illness and disability and that all patients should have access to the medicines their doctors prescribe.

We will continue to work with insurance providers, governments, and others to improve access to today’s innovative treatment.

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iThe Pharmaceutical Research and Manufacturers of America (PhRMA), 2016 Profile: Biopharmaceutical Research Industry. (2015). Prescription Medicines: Costs in Context [PhRMA analysis based on Medical Expenditure Panel Survey (MEPS)].