News and Reports | January 29, 2026
One in three Americans cannot afford their prescriptions, noted Merith Basey of Patients for Affordable Drugs, and they pay between 4 and 8 times more than other high-income countries.
Many countries negotiate drug prices, noted Basey, though the powerful American pharmaceutical industry has prevented Medicare from negotiating prices for over 20 years despite that they negotiate on every other Medicare purchase, she said.