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
DEC 23, 2019
Plants & Animals
DEC 23, 2019
The Captivating Mating Process of a Jumping Spider
When you’re a male jumping spider and you fancy finding a female to mate with, you might try your hand – or in this case paddle – at impr...
JAN 08, 2020
Chemistry & Physics
JAN 08, 2020
Florence Nightingale: Nursing Pioneer, and Data Scientist?
Florence Nightingale, the pioneer in modern nursing care, served as a nurse manager in the Crimean War in the 1850s. Due to her wholeheartedly devotion to...
JAN 15, 2020
Earth & The Environment
JAN 15, 2020
2019 Was The Second Warmest Year on Record
Independent analyses from NASA and the National Oceanic and Atmospheric Administration (NOAA) have confirmed that 2019 was the second warmest year on recor...
FEB 04, 2020
Plants & Animals
FEB 04, 2020
Different Predators Work Together to Corral a Swarm of Sardines
When large schools of sardines materialize in the oceans, it can be a spectacular sight. In some cases, however, the sight can be so spectacular that it me...
FEB 16, 2020
Space & Astronomy
FEB 16, 2020
Just How Powerful is a Piece of Space Debris?
One of the most commonly discussed topics in space science today is the space junk problem, in which space junk collides with objects to create space debri...
FEB 17, 2020
Plants & Animals
FEB 17, 2020
How a Spider Builds its Web
Just about everyone has seen a spider web at some point in their life, but have you ever wondered how a spider builds such a strong and perfect web? The pr...
Loading Comments...