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Pharma Prepares to Raise Prices in 2019 With a Wink to Trump

Tablets  are arranged for a photograph .
Tablets are arranged for a photograph .Photographer: Kiyoshi Ota/
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Drugmakers are getting ready to raise prices Jan. 1 on a broader swath of medicines than in prior years, according to Bernstein analyst Ronny Gal.

In a move to catch up on delayed hikes from 2018, pharmaceutical companies may raise prices on about 20 percent more drugs than last year, with the average price increase for pharmacy-dispensed drugs in high single digits and around 3 percent for those administered by physicians, Gal estimated after talking with insurance carriers and health-plan sponsors.