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Medicare Drug Costs Skyrocketing | Raleigh News
Seniors in the U.S. are paying way more for prescription drugs than citizens in 19 other developed nations, with prices soaring 81% on average for top 25 drugs—while those same drugs dropped 13% abroad. Enbrel alone jumped 873% here versus a 27% drop overseas. With a key federal subsidy ending after 2026, Medicare Part D premiums could spike 24% by 2027, hitting beneficiaries hard—especially those on standalone plans facing $16+ monthly hikes. While Medicare’s new drug price negotiations (starting with 10 drugs this year) offer some relief, it’s unclear if they’ll fully counteract the coming…
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