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☆ Drug prices have risen almost 40% over the last decade, according to a new tracker
▼ + stars: | 2024-06-27 | by ( Justine Fisher | ) www.cnbc.com time to read: +2 min

The average American spends $16.26 out of pocket per prescription, according to the data. "Rising costs or rising prices are a big part of it, but it's really that with the combination of increased friction. On average, Americans pay 2 to 3 times more for prescription drugs than consumers in other developed countries, according to the White House. The Biden administration has taken several measures to lower out-of-pocket drug expenses. On Wednesday, the White House announced it would lower prices on 64 prescription drugs for some Medicare beneficiaries as a result of inflation penalties on drugmakers.

Persons: Tori Marsh, GoodRx, Marsh, Joe Biden, Biden, Scott Wagner, — CNBC's Annika Kim Constantino Organizations: House, White House Locations: U.S

☆ This weekly routine builds stronger relationships at work, says GoodRx CEO: 'It makes up for lost time during the pandemic'
▼ + stars: | 2022-10-28 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

It's a mutually beneficial way for Hirsch and his employees to build closer relationships with each other and uncover "some incredible new ideas" for the billion-dollar company, Hirsch tells CNBC Make It. I now have all these friends out there that actually want to work here, work together and get our job done," he adds. His only conversational rule on those walks: It "can never start with work," he says. The "work" portion only comes when Marsh decides to "softball ideas" with Hirsch for what her research team can do next. The walks allow him and his employees to get closer without undermining their workplace respect for each other, he adds.

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