Prescription drugs increasing in price

According to this article at the USA Today, drug companies are quietly but dramatically increasing the price of certain prescription drugs. Hikes have been seen anywhere from 100% to 1000% over the past year on a small number of prescription drugs. The number of drugs that have increased in price by 100% has nearly doubled this year. The majority of drugs affected by the price increase are typically older drugs that treat rare conditions. An example of this is Acthar, which treats spasms in babies. One bottle used to cost $1,650, but how has risen to the cost of $23,000 per bottle. Consumers are indirectly affected by the dramatic increase. Hospitals, the majority using these drugs to treat patients, pass of the cost to the insurers, which in turn increase insurance premiums for their customers.