News Headlines Article

Rising cost of prescription drugs threatens health care gains

According to a recent report from the Centers for Disease Control and Prevention’s National Center for Health Statistics, an unprecedented 90.8% of Americans now have health insurance.

We’ll leave it to the politicians to debate whether Obamacare is a good program or a bad program — whether it should be maintained, re-legislated or repealed outright. The fact is that only 9.2% of Americans — the lowest percentage ever — are uninsured. And while that number is far short of perfect, it’s something the White House can rightly brag about.

But the bragging could be short-lived, because Obamacare is officially called the Patient Protection and Affordable Care Act — and the soaring cost of prescription drugs is well on its way to making health care unaffordable again.