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Prescription Drug Pricing

Prescription drug prices in America are far too high. As a result, 31 percent of Americans can’t afford to take their medications as prescribed. Recent reforms in the Inflation Reduction Act, including Medicare drug price negotiation, are making substantial progress toward lowering prescription drug prices, but there is still much work to do to help Americans afford the medications they need. The Center for American Progress analyzes and advocates for policy solutions to counteract the excessive prices set by pharmaceutical companies, including: advocating for direct price negotiation and price controls, combating manufacturer delay tactics, reforming the patent process, and promoting greater federal oversight and intervention.

Photo shows a closeup of a person's hands opening a bottle of pills, with a blue pill organizer sitting in front of them
A person with multiple sclerosis sorts prescription pills, June 2019. (Getty/Kurt Wittman/UCG/Universal Images Group)
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Lower Costs Through Better Competition Past Event

Lower Costs Through Better Competition

Please join the Center for American Progress for an event featuring FTC Chair Lina Khan and Sen. Ben Ray Luján (D-NM) about protecting consumers and preserving competition.

1333 H St NW

Industrial Policy To Reduce Prescription Generic Drug Shortages Report
A pharmacy technician standing at a counter pours pills into a blue container.

Industrial Policy To Reduce Prescription Generic Drug Shortages

Policy interventions, including large-scale private-public partnerships, are key to reducing prescription drug shortages and averting patient harm.

Marc Jarsulic

CAP Responds to Request for Information on Consolidation in Health Care Markets Article

CAP Responds to Request for Information on Consolidation in Health Care Markets

The Center for American Progress submitted a response to the U.S. Department of Justice, Federal Trade Commission, and U.S. Department of Health and Human Services’ request for information on consolidation in health care markets.

Natasha Murphy, Nicole Rapfogel, Alexandra Thornton, 3 More Marc Jarsulic, Andrea Ducas, Brian Keyser

State Policy Efforts To Improve Prescription Drug Affordability for Consumers Past Event

State Policy Efforts To Improve Prescription Drug Affordability for Consumers

Join the Center for American Progress for a virtual discussion with state officials on initiatives to lower pharmaceutical costs and improve affordability and access.

Center for American Progress | Online

Monthly Medicare Drug Price Negotiation Savings by State Interactive
Farxiga, Xarelto, Entresto, and Eliquis are made available to customers at the New City Halsted Pharmacy in Chicago.

Monthly Medicare Drug Price Negotiation Savings by State

Medicare drug price negotiation will result in thousands of dollars in net price savings for 30-day supplies of the first 10 drugs undergoing negotiation; here’s how those savings add up state by state.

Nicole Rapfogel

5 Things To Know About Pharmacy Benefit Managers Article

5 Things To Know About Pharmacy Benefit Managers

Pharmacy benefit managers are pharmaceutical middlemen that can inflate prescription drug costs for insurers and consumers.

Nicole Rapfogel

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