Prescription medications keep getting more expensive, putting a strain on many American's budgets.
According to the ASPE, from January 2022 to January 2023, drug prices increased 15.2% on average, which translates to $590 per drug product. And out of the 4,200 drugs that had price increases, 46% had price hikes larger than the rate of inflation. Rising costs are leaving individuals in a tough spot.
