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NJ Spotlight News | Business Report: Prescription drug prices | Season 2022

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NJ lawmakers consider legislation to make prescription drugs more affordable
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The video from PBS, titled "Business Report: Prescription Drug Costs," discusses the rising costs of prescription drugs in the United States and their impact on consumers and the healthcare system. It highlights how pharmaceutical companies often set high prices for new drugs, which can be unaffordable for many patients. The report also touches on the role of pharmacy benefit managers and insurance companies in drug pricing, and how government policies, such as the Inflation Reduction Act, aim to address these issues by allowing Medicare to negotiate drug prices. Additionally, the video features insights from experts and affected individuals, emphasizing the need for more transparency and reform in the pharmaceutical industry to make medications more accessible and affordable.

Read the Full PBS Article at:
[ https://www.pbs.org/video/business-report-prescription-drug-costs-1653417555/ ]
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