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Brianne TalockaJul 30, 2018, 2:39 pm

Name brand medications up their prices between '8 to 10 percent' each year

Pharmacist says that the people who notice are those without insurance coverage


ASBURY PARK — Many top-selling brand name medications have gone up in price, and pharmaceutical companies in New Jersey make some of those drugs. Pharmacist Dr. Kiriam Venijalle of Quick Med Health Mart Pharmacy says that a lot of the major brands raise prices between 8 to 10 percent every year; some people never notice when prices change, but funds can definitely feel a little tight when there is no coverage.

"A lot of times, people have insurance. So, they don't know that the price of the drug has changed," he says. "The people who really feel the effect are the people who don't have insurance."

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