Prescription drug expenditures make up less than 10 percent of total personal health care
expenditures in the United States, but over the last decade the amount that Americans …

By David H. Kreling, David A. Mott, & Joseph. B. Wiederholt his chapter explains why
spending on prescription drugs has been one of the fastest-growing health care costs in the …

In 2015, Americans experienced dramatic increases in the prices of prescription drugs,
affecting many areas of medicine including infectious disease (hepatitis C), oncology …

For decades, medical expenditures have grown faster than the gross domestic product.
Moreover, spending for prescription drugs is the fastestrising component of health care …

The Affordable Care Act (ACA) is expect-ed to dramatically increase health insurance
coverage in America, providing coverage for some 27 million uninsured Americans. This …

When the Medicare program was created in 1965, outpatient prescription drugs were left out
of the benefit package, a decision that maintained consistency with standard private …

Pharmacy costs are rising in excess of general and medical cost inflation, leading to calls for
price and utilization controls by public and private payers. Such controls would be ineffective …

Prescription drug spending and pharmacy benefit design have changed greatly over the
past decade. However, little is known about the financial impact these changes have had on …

Governments and private insurers in North America are becoming increasingly involved in
providing coverage for prescription drugs. Although the catastrophic coverage provision …

The role of prescription drugs in meeting health care needs has raised thorny policy issues
for decades. Prescription drug spending grew 10 percent or more in real terms every year …