Chart of the Day: Prescription Drug Prices are Skyrocketing

—By

| Fri Nov. 30, 2012 9:18 AM PST

Obviously prescription drugs cost more than generics. But prices are also diverging dramatically. Via Austin Frakt, the chart below tells the story. While the price of generic drugs has fallen significantly over the past four years, the price of prescription drugs has skyrocketed, outpacing inflation by more than 50 percent. You're paying a lot for those name brands.

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