Democracy Dies in Darkness

Politicians are complaining more about the cost of drugs. The average patient is paying less.

Analysis by
Staff writer
May 4, 2017 at 3:32 p.m. EDT
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There's widespread outrage about soaring drug prices, but a new report shows that people are, on average, actually paying less for their medications than they did a few years ago.

Drug prices are on the upswing, with net prices rising 3.5 percent last year, according to the study from the QuintilesIMS Institute, a research organization that specializes in health care analysis. And total spending climbed to $323 billion, even after accounting for all the discounts and rebates that drugmakers provide. But patients' out-of-pocket costs for medicines have declined, from $32 per name-brand prescription in 2013 to $28 today.