Soaring price of generic drugs hits elderly AmericansBMJ 1998; 316 doi: https://doi.org/10.1136/bmj.316.7147.1767b (Published 13 June 1998) Cite this as: BMJ 1998;316:1767
- Fred B Charatan
Recent sharp rises in the price of many generic drugs have squeezed the health budgets of many older Americans. Medicare, the federal health insurance programme for those over 65, does not cover the cost of prescription drugs.
Drug manufacturers say they have been forced to raise prices of commonly prescribed generic drugs because their costs have risen, and in many cases they have …