Saturday, May 17, 2014

New Hepatitis C drugs are effective but so expensive that they could bankrupt Medicare, private insurers

New drugs can cure Hep C, but they're very costly: one drug costs $1,000 per pill and $84,000 for the course of medication.
     Five million people (five times the number infected with HIV) have Hep C and most of them don't know it. Onset of the disease usually takes decades; people infected in the 1960s are just now "getting into trouble."
     Although even newer drugs are in the pipeline and may decrease costs due to competition, at current prices, curing everyone infected could total hundreds of billions of dollars and bankrupt private insurers and government programs.

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