Beaumont, Texas-based pharmacist Andy Wilcox has seen common prescription drug increases of 200 percent to 10,000 percent, according to KFDM.
Here are four insights:
1. These drug increases are impacting both brand-name drugs and generics.
2. This price trend may be a consequence of drug research and development costs.
3. Others argue pharmaceutical companies are taking advantage of a "lack of bulk purchasing power."
4. The Affordable Care Act is also not helping lowering drug prices.
