JUN 30, 2017 7:45 AM PDT

Cancer Costs


It's no secret that treating cancer is expensive. From innovative new drugs, to specialists and high tech treatments, even with insurance, it's pricey. The costs of many cancer drugs, even ones that have been around for decades, rose 11% last year and 11% the year before. Newer drugs like precision medicine and immunotherapy drugs are up 18% this year. Advances in cancer treatment have made some forms of the disease chronic, so while lives are being saved, many patients will require medication and treatment for years to come.

Drug prices in the United States are higher than anywhere in the world. Congress is debating on whether or not government agencies like the FDA can be involved in negotiating directly with pharmaceutical companies on drug prices. Other measures being considered are speeding up the approval process so companies don't have to recoup years of testing costs via sky high prices and forcing large companies to prove why they have to charge so much for some drugs. Naturally, drug companies are against many of these ideas and are lobbying hard to be able to continue to do business as they always have.
About the Author
  • I'm a writer living in the Boston area. My interests include cancer research, cardiology and neuroscience. I want to be part of using the Internet and social media to educate professionals and patients in a collaborative environment.
You May Also Like
MAR 20, 2020
Cardiology
MAR 20, 2020
Exercise For Persons With COPD
The thought of starting an exercise program can be daunting, particularly for those who have been diagnosed with chronic ...
APR 27, 2020
Plants & Animals
APR 27, 2020
Minor Dental Work Helps This Turtle Eat Again
It seems like turtles are always hungry. Just the mere mention of food gets their heads bobbing, and don’t even ge ...
MAY 04, 2020
Plants & Animals
MAY 04, 2020
A Capuchin Monkey's Curiosity Can Sometimes Cloud its Judgement
Capuchin monkeys are highly intelligent animals, but they’re also rather curious. They’ve adapted to communi ...
MAY 14, 2020
Chemistry & Physics
MAY 14, 2020
Do Organic Chemists Speak an Alien Language?
Have you ever read a detergent label and got confused? Or had trouble understanding a medication recall? Certain ch ...
MAY 19, 2020
Plants & Animals
MAY 19, 2020
Seabirds Often Deal with Thieves When Scouting for Food
In the bird world, parental units will often split responsibilities. One typically stays behind at the nest to protect t ...
MAY 24, 2020
Plants & Animals
MAY 24, 2020
Bees May 'Trick' Plants Into Flowering When Pollen is Scarce
It’s no secret that bumblebees depend heavily on pollen for their unique worker-centric lifestyles. In fact, whene ...
Loading Comments...