U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act. Spending rose 13 per cent, the biggest jump since 2001, to a total of $374 billion, according to a report released Tuesday by the IMS Institute for Healthcare Informatics.
IMS: Newly insured, new drugs, price hikes drove up US medicine spending 13 pct. in 2014
by Research Team | Apr 14, 2015 | Health News | 0 comments