U.S. Spending on Medicines Rose Less Than 1% Last YearApril 25, 2018 |
by Ed Silverman
Amid national turmoil over rising drug costs, a new report finds that spending on prescription medicines in the U.S. last year grew a modest 0.6 percent, to $324 billion, after accounting for rebates and discounts that are paid by drug makers. And real net per-capita spending fell by 2.2 percent, when adjusted for those allowances, as well as for population and economic growth.