Stat: $477 billion. That’s the amount spent on prescription drugs in the United States last year, according to the Department of Health and Human Services.

Story: Skyrocketing prescription drug prices have long troubled U.S. Senator Susan Collins of Maine, who has championed bipartisan legislation to give consumers more affordable choices. In this rebroadcast of a Pew event, she discusses what can be done to manage drug costs and ensure that Americans get the medicine they need.

"With prescription drugs among the greatest factors driving up the cost of health care, it is essential that we better understand the underlying causes of soaring prices so that we can develop and implement policies that both encourage innovation and protect consumers.”

Susan Collins U.S. Senator (R-ME)

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