Biologics make up only 5% of our prescription, but they account for more than half of our drug spending. Between 2013 and 2021, our spending on biologics more than doubled from 100 billion to 260 billion. By 2024, it reached 407 billion. Some biologics cost patients up to a half million dollars a year or even more. That's not a health care system. It's a hostage crisis. (03:47–03:53)
CLAIM
Asserts that spending on biologics more than doubled over an eight-year period.
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