Wholesale vs retail prescription drugs: How a local doctor is bringing big savings to patients
The high cost of prescription drugs is a national problem, but it is also a Michigan problem.
Posted at 5:44 PM, Apr 12, 2021
and last updated 2021-04-14 11:01:40-04
(WXYZ) â The high cost of prescription drugs is a national problem, but it is also a Michigan problem. Prices for the most commonly prescribed drugs for older patients have increased at more than 10 times the rate of inflation within five years, and the average cost of prescription drugs increased nearly 60% between 2012 and 2017, according to Michigan s Prescription Drug Task Force report. Meanwhile, Michiganders incomes have increased only 11%.