Friday, May 1, 2015

Brand-Name Medicines Dominate Medicare's $103 Billion Drug Bill

Brand-name drugs to treat heartburn, diabetes, depression and other common afflictions of the elderly were among the most expensive drains on the federal government's Medicare prescription benefit, costing more than $1 billion each in 2013, newly released data show. The federal government popped the cap off drug spending on Thursday, detailing doctor-by-doctor and drug-by-drug how Medicare and its beneficiaries spent $103 billion on pharmaceuticals in 2013.

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