Forbes (9/21) that GoodRx published a comprehensive report late last week that found that “while prices for most medical goods and services are rising, prescription drugs have seen the largest increase.” According to the report, “Since 2014, prescription drug prices have increased by 33%.
During the same period, other medical services, like inpatient hospital services, nursing home care, and dental services have increased by 30%, 23%, and 19%, respectively.” Balasubramanian adds that addressing social determinants of health (SDOH), which is “one of the most researched and emerging solutions to reducing healthcare costs,” will “likely require a significant shift in mindset and culture – one that prioritizes creating healthier lifestyles to.