Pills on coin stacks Among the drugs recording bigger-than-5.3-percent increases are arthritis drug Humira, now costing 7.4 percent more. (Photo: Shutterstock)

If you thought 2020 would see any hesitation in the upward trend of drug prices, you'd evidently be wrong.

The new year brought higher prices from drug manufacturers on "a wide range of drugs," says The Hill, which pegs the average increase at 5.3 percent so far, according to data from health care consulting firm 3 Axis Advisors.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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