HEALTH CARE COST HITS $2 TRILLION

FEBRUARY 01, 2006

Whereas the rate of spending on prescription drugs has gradually decreased, the US total health care bill for 2004 totaled almost $2 trillion. The study, reported in Health Affairs (January 10, 2006), found that prescription drug costs, which comprised 11% of all health costs, rose at a slower pace, compared with hospital and physician visits. Drug sales increased by 8.2% in 2004, a rate 2% less than the 2003 figure. The researchers suggested that the introduction of fewer blockbuster drugs during the study period contributed to the decrease.

The results of the study, conducted by the Centers for Medicare & Medicaid Services, also indicated that the launch of OTC and generic equivalents of bestselling drugs lowered overall drug costs.




SHARE THIS SHARE THIS
0
 

In Seniors: Consider CMV Serostatus
When Recommending Flu Vaccine

Older people who have cytomegalovirus seem to have less robust responses to the trivalent influenza vaccine than those who do not have CMV.


 

 

Conference Coverage
News from the year's biggest meetings


Pharmacist Education
Clinical features with downloadable PDFs


 

SIGN UP FOR THE PHARMACY TIMES NEWSLETTER
Personalize the information you receive by selecting targeted content and special offers.