Prescription Drug Spending Rose 2.3% To $307.4 Billion In 2010
from Spencer’s Benefits Reports: Spending for prescription drugs in the U.S. in 2010 rose by 2.3%, the lowest rate in years, while the volume of medicines used rose by just 0.5%, a new study from the IMS Institute for Healthcare Informatics revealed. In contrast, prescription drug spending rose 5.1% in 2009, for a total $307.4 billion (or $898 per person), the study, The Use of Medicines in the United States: Review of 2010, found.
Comment by Dr. Sultan:
Drug prices will continue to rise as long as we remain dependent on them exclusively. The solution is to look for the alternatives that improve patient’s condition and reduce dependence on medicines. True alternative we see is to treat the root cause and not blindly cover up symptoms with medicines. How it is done? You can go back to our web site and learn how people are not only improving their debilitating medical problems but also are truly cutting down on their medical expenses. I have never seen a chronically ill Patient really get better without addressing and fixing what is broke.