25% of Americans experienced a prescription drug price hike in the past year: 4 survey findings

 An estimated 28 million Americans saw the price of their prescription medication rise in the past 12 months, according to a recent Consumer Reports survey.

For the survey, Consumer Reports polled nearly 2,100 adults in February 2017. Of this group, 1,000 reported regularly taking a prescription medication.

Here are four survey findings.

1. Twenty-five percent of regular prescription drug users said the price of their treatments increased in the past year.

2. More than 60 percent of those who experienced a price hike took action to lower their out-of-pocket costs.

3. The most common action patients took was asking a pharmacist or physician for a cheaper alternative (35 percent), asking a pharmacist for a lower price for the same medication (22 percent) and calling their insurer to see if it would pay for a larger portion of the drug's cost (20 percent).

4. Fourteen percent of respondents reported not filling the prescription as a result of the price hike.

To view the full report, click here.

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