Drug Prices Skyrocket in California — And Probably Everywhere Else Too

The LA Times reports that drugmakers “fought hard against California’s groundbreaking drug price transparency law, passed in 2017.” I’ll bet they did! So what have we learned?

Pharmaceutical companies raised the “wholesale acquisition cost” of their drugs — the list price for wholesalers without discounts or rebates — by a median of 25.8% from 2017 through the first quarter of 2019, according to the Office of Statewide Health Planning and Development. (The median is the point at which half the prices are higher and half are lower.)

Naturally you’d like to see this in chart form:

As you can see, cheap generics saw the largest increase, more than doubling in cost. Everything else increased 20-30 percent. And if prices went up that much in California, it’s a safe bet they went up that much in your state too.

Why? Well, why not? It’s not as if anyone in power right now is going to stop them.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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