Why is the cost of prescription drugs so high? It’s a question a lot of Americans are asking.
In the summer of 2023, public polling found that one in four adults who were prescribed prescription drugs experienced difficulty affording their medication. In comparison to other high-income countries, Americans spend the most per capita on prescription drugs. Despite the issue’s importance—to health care and to people’s purses—the industry factors that shape prescription drug prices remain largely a mystery to the public and to health care professionals.
With his class “PHP 0650 From Manufacturer to Patient: Why is the Cost of Prescription Drugs So Darn High?” Ronald Aubert, Ph.D., MSPH aims to tackle the industry’s opacity, illuminating the complex set of factors that result in such high prescription drug prices.
“I want to demystify health insurance companies, pharmaceuticals as well all the processes and factors that go into manufacturing, distribution and pricing,” says Aubert, who is senior associate dean of education in the School of Public Health and visiting professor of the practice of health services, policy and practice. “There’s a lot going on behind the scenes and this class is an opportunity to introduce students to a sector they wouldn’t have been exposed to otherwise.”