Medicaid drug spending increases

July 2006
Pharmaceutical Representative;Jul2006, Vol. 36 Issue 7, p11
The article reports on the increase of Mediaid drug spending from 1997 to 2002 by the Federal government in the U.S. According to statistics provided by the Department of Health and Human Services, Medicaid spending for outpatient prescription drugs increased by 20 percent per year, on average. This represents a jump from $11.6 billion to $23.7 billion during that period.


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