Cost of Cancer Drugs on the Rise


NORTH CAROLINA – According to researchers at the University of North Carolina at Chapel Hill, the price of new cancer drugs is on the rise. They found that the drugs, taken in pill form, were six times more expensive than they were 14 years ago.  The average cost of orally-administered drugs introduced in 2000 was just over $1,800.00 a month.  For those approved in 2014, the cost was about $11,000.00 a month, adding to the cost burden for patients.  Researchers say some insurance companies may compensate by raising deductibles.

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