CURA_1170x120_8-22-19

spending on prescription drugs

Prescription drug costs keep rising

Prescription drug costs keep rising

WASHINGTON — Inflation in medication costs eased last year due to spending controls and fewer new blockbusters, although there are still numerous cases of sticker shock. Spending on prescription drugs rose 5.2% in 2015, including the effects of rebates, driven by an 18% increase in specialty drugs, noted Express Scripts Holding Co. in a recent

Health care spending outpaces economy

Health care spending outpaces economy

WASHINGTON — Health care spending in the United States last year exceeded $3 trillion as five years of slow growth was replaced by the Affordable Care Act’s expansion of Medicaid and private health insurance coverage. Prescription drug prices accelerated as well. Health care spending grew faster than the economy in 2014, and the federal share