From the piece: A cancer diagnosis doubles your chance of going bankrupt in no small part because cancer drugs have doubled in price in the last decade; 11 of 12 drugs approved by the FDA in 2012 for fighting cancer cost more than $100,000 per year.
Sprycel, a Bristol Myers-Squibb leukemia drug which turns a fatal condition into a chronic one, costs $106,000 per year and has doubled in price
since 2007; many of the more expensive cancer drugs cost twice in the
U.S. what they do overseas.
100 cancer specialists — doctors — are
protesting, demanding that drug companies lower their prices. Critics
say pharmaceutical companies are inflating the cost of developing new
drugs by a factor of 10.