Like everything else, the price of prescription (and over the counter) medicine has gone up. A recent study from the University of Minnesota found that while the costs of name brand drugs have gone up, the price for generic versions of the same drugs have stayed remarkably stable. In 2005 alone, the price for name brand drugs rose more than six percent while the price for generics rose less than one percent. One thing that was a big surprise to me was that medicine prices vary in different areas. I would never have known if I hadn’t moved from New … Continue reading →