Prescription Drug Costs Are Driving Up California Health Care Premiums

Drug companies are continuing to raise prices with no accountability, causing the price of health care to increase for all.

Higher Drug Prices = Higher Premium Costs

Prescription drugs are the second highest expense incurred by California’s health plans, but drug companies continue to raise prices – with no accountability. With bills continuing to be introduced at the Capitol that will do nothing to reign in high cost prescription drugs, prices will continue to increase, directly effecting health care and premium costs for employers, individuals, and families.
In Just One Year
  • More expensive specialty drugs accounted for just 1.5% of all prescriptions but made up 56.1% of health plan drug spending.

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#BigPharma is raising prescription drug costs at rates that significantly outpace inflation, causing health care premiums to rise. Learn more here >>

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Drug companies want consumers to believe that health plans increase premiums due to non-medical expenses.

In reality, prescription drug prices are the second biggest cost driver of health plan premiums.

Learn about other misleading #BigPharma claims >>

In just one year, #BigPharma managed to increase drug costs by $600 million.