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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Stay up to date on the fight against runaway prescription drug prices.

ICYMI: A recently-released low-cost insulin product from Walmart demonstrates a broken prescription drug market where #BigPharma can set prices with no accountability. Read more here >>

Drug companies promised to keep their prices reasonable – but it seems that promise isn’t being kept, as they raise prices more than 10% for some drugs.

Over $1 out of every $8 of health plan premiums was spent on prescription drug costs.

Higher prescription drug costs = Higher premiums.

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ICYMI: #BigPharma is again pushing the limits on drug pricing, making prescription drugs more expensive for health plans and consumers. Read more in @FiercePharma >>