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 Even when you take into account discounts and rebates, Americans pay hugely higher prices. stockfour / Shutterstock.com

In 2023, the U.S. government began a long-awaited process of negotiating prescription drug prices through the Medicare program, starting with a batch of 10 drugs picked from some of the most expensive. Americans pay significantly more for prescription drugs on average than folks in many other high-income countries, and a recent report from the Commonwealth Fund identifies just how much — often…

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