Encouraging Frugality in Healthcare
The cost of healthcare goes up every year. Prescription drugs get more expensive too. But, even though they get more expensive, they're different from the rest of healthcare. While the rest of healthcare was increasing in cost by 6-7%, prescription drugs were only increasing in cost at the rate of 1%!
What caused this remarkably slow growth? Maybe it's because 25 cents out of every dollar spent on prescription drugs comes straight out of consumers' pockets. Maybe consumers really are more frugal when they're spending their own money.