United States | Drug-dependent

Joe Biden’s assault on the $900 child-eczema cream

What the Inflation Reduction Act means for the cost of health care 

US President Joe Biden at the National Institutees of Health to discuss lowereing prescription price drug
Photograph: Getty Images
|WASHINGTON, DC

BUYING PRESCRIPTION drugs in America can feel a bit like being a tourist haggling at a street market. First, a ludicrous “retail price” is mentioned (for your correspondent recently, $902 for eczema cream for a child). Then insurance is applied, followed by a layering-on of coupons (often printed by the pharmacist and then handed to themselves), discount cards and rebate claims. And yet even after all that, the amount of cash you pay out of pocket is still steep by international standards (the cream ended up costing $273).

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This article appeared in the United States section of the print edition under the headline “Joe Biden and the $900 eczema cream”

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