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Opinion: Rising drug costs are drowning seniors




A new report from Sen. Claire McCaskill, D-Missouri, confirms a deep-seated fear for many seniors: the prices of the 20 brand-name drugs that are most prescribed to them have skyrocketed. Over the past five years, the cost of these medications has risen an average of 12% per year, with some doubling in price. Earlier this month, the commissioner of President Donald Trump's Food and Drug Administration called prescription drug pricing a "rigged" system, blaming shady tactics aimed at reducing competition in the pharmaceutical industry.



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