The American Drug Crisis — It’s Not What You Think

In 2015, the FDA approved a slew of new drugs to treat everything from hepatitis C to MS. What those emotional commercials touting turnaround miracle drugs don’t tell you is how much the miracle treatments cost…and it might be $50,000 and up per year. Even with Medicare, your out-of-pocket costs can run thousands of dollars. If you were prescribed rheumatoid arthritis drug Humira, for example, the total cost would be $42,059, and Medicare would pay all but $4,864 – a hefty price tag for a senior on a fixed income.