Drug prices in 2019 are surging, with hikes at 5 times inflation

https://www.cbsnews.com/news/drug-prices-in-2019-are-surging-with-hikes-at-5-times-inflation/?fbclid=IwAR2EczLhT9WFan3X6PJkxiT2VpWb6Xv2uydZ5H5Kuh9F2Q0yamWsAPVSwCs

By Aimee Picchi
July 1, 2019 / 11:34 AM / MoneyWatch

• More than 3,400 drugs have boosted their prices in the first six months of 2019, an increase of 17% in the number of drug hikes from a year earlier.
  
• The average price hike is 10.5%, or 5 times the rate of inflation.
  
• The drug hikes come at a time when lawmakers and the Trump administration have vowed to address the problem of rising prescription costs.

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