Higher prescription prices attribute to unnecessary drug regulations

With expanded health insurance and Medicaid coverage under the Affordable Care Act, drug coverages will also increase, and unnecessary regulations will add to prescription drug costs, according to a new study from the National Center for Policy Analysis.

“Sixty percent of all Americans take a prescription drug in any given year, and nearly all seniors do,” says NCPA Senior Fellow Devon Herrick. “Drug coverage is expanding rapidly and heightened regulatory scrutiny will prevent drug plans managers from holding down costs for consumers with programs such as creating exclusive networks and encouraging mail-order prescriptions.”