Nearly 90% of Americans think pharmaceutical industry will use coronavirus to raise drug prices: poll

A new West Health/Gallup poll reveals that nearly 9 in 10 Americans believe the pharmaceutical industry will take advantage of the COVID-19 pandemic to raise drug prices. The survey found that 88% of Americans are concerned about a rise in drug prices, with 55% saying they are "very" concerned and 33% saying they are "somewhat" concerned.

A new West Health/Gallup poll reveals that nearly 9 in 10 Americans believe the pharmaceutical industry will take advantage of the COVID-19 pandemic to raise drug prices. The survey found that 88% of Americans are concerned about a rise in drug prices, with 55% saying they are "very" concerned and 33% saying they are "somewhat" concerned. Meanwhile, 79% said they are very or somewhat concerned about their health insurance premiums rising, and 84% are very or somewhat concerned about the general cost of care increasing. To curb increases in drug prices, 88% of respondents said they support having the government directly negotiate with drug manufacturers on the price of a COVID-19 treatment. In addition, 34% were critical of the government's handling of the pandemic, calling it "poor," while 23% described it as "fair." Only 9% said the response was "excellent" and 14% said it was "good."