With drug prices rising sitting at 10% of skyrocketing health care costs and pharmaceutical companies socking away big profits, you might assume that the U.S. has the highest prescription drug spending in the world. And you’d be right.
Per capita prescription expenses in 2016 were $1,016 in this country, while the comparable country average was $593. Even Switzerland, no stranger to higher health care costs, stood second at $794. Sweden was $356.