Outpatient Spending On Prescription Drugs Increased To $191B In 2004, AHRQ Finds
Outpatient prescription tablets outflow increased from $72
billion within 1997 to $191 billion in 2004, according to a
chitchat lately released through the Agency in give your positive
reception to of Healthcare Research and Quality, CQ HealthBeat
reports. The report, which integrated facts by the haunch of
individuals who in manners in the confederation and not
institution such by means of nursing home, designate that
intermediate annual prescription drug spending for individuals
ages 65 and elder increased by 130% to $1,914 in 2004 from $819
in 1997.
In appendix, the report found that average annual out-of-pocket
prescription drug spending for individuals ages 65 and older
higher than double to $1,027 in 2004 from $483 in 1997. The
report also found that average annual prescription drug spending
for individuals younger than age 65 increased by 140% to $838 in
2004 from $347 in 1997 and that average annual out-of-pocket
spending for those individuals increased to $304 from $143 over
and done near indistinguishable event (CQ HealthBeat, 5/22).
Broadcast Coverage In similar word, American Public Media’s
“Marketplace” on Tuesday report on factor that chip in to the
amount of prescription drugs in the U.S. The segment include
explanation from Chris Milne, incriminate control of the Tufts
Center for the Study of Drug Development; Mark Ravera, an analyst
at Strategic Pharma; Jim Greenwood, president and CEO of the
Biotechnology Industry Organization; Jerry Avorn, an essayist and
professor at Harvard Medical School; and Gail Shearer, director
of condition canon analysis at Consumers Union (Palmer,
“Marketplace,” American Public Media, 5/22).
Audio and a transcript of the segment be at your disposal online.
“Reprinted with sanction from You can attitude the total Kaiser
Daily Health Policy Report, prod the archives, or hanging wakeful
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