Medication Prices Jump Since New Medicare Law

WASHINGTON (Reuters) - Drug firms raised the prices of some medicines as much as 10 percent since the Bush administration enacted the new Medicare law late last year, making it hard for some patients to afford them, a new report said on Wednesday. AARP, formerly known as the American Association of Retired Persons, said the prices of brand-name drugs most used by older adults climbed an average 3.4 percent since late December. The jump is three times the rate of inflation