Spending Trends

August 2007
Pharmaceutical Executive;Aug2007, Vol. 27 Issue 8, p26
Trade Publication
The article focuses on the study on consumer's spending for prescription drugs in the U.S. for 2005. The study reveals that there has been a five-fold increase in the spending for prescription drugs by Americans when the 1990's $40.3 billion spent was compared to $200.7 billion spent in 2005. However, as a category, it is found that prescription drug spending rose only by six percent during the year due to the slowdown in Medicaid drug spending and the increased use of generics.


Related Articles

  • Consumer-driven health plans start to gain traction. Rombel, Adam // Business Journal (Central New York);10/12/2007, Vol. 21 Issue 41, p15 

    The article discusses that consumer-driven health plans (CDHP) are starting to take a hold in the marketplace in Syracuse, New York. It states that more employers seeking new ways to combat rising health-insurance premiums are deciding to give them a try, but much room for growth remains. The...

  • Consumer-directed healthcare bandwagon loses steam. Wechsler, Jill // Managed Healthcare Executive;Jul2007, Vol. 17 Issue 7, p40 

    The article reports on the decreased enthusiasm of consumers to consumer-directed healthcare (CDHC) programs in the U.S. It states that despite earlier promises that CDHC would reduce healthcare spending by encouraging more efferent purchase of health services, consumer confusion and higher...

  • Save Money on Healthcare Costs. Royal, Leslie E. // Black Enterprise;Sep2009, Vol. 40 Issue 2, p31 

    The article outlines the ways by which consumers in the U.S. can reduce healthcare costs. Alisa Toney, a leadership gifts officer at Spelman College, utilized a prepaid Pay Flex MasterCard for the medical care of her daughter. Matt Tassey, former chairman of Life and Health Insurance Foundation...

  • Revamping charity care strategies helps manage impact of uninsured population. Clark, Reatha // Managed Healthcare Executive;Jul2006, Vol. 16 Issue 7, p33 

    The article focuses on the charity care strategies such as the reduction of qualification procedures, communication improvement and transparency enhancement to oversee the impact of uninsured population in the U.S. The rising charity care and bad debt costs brought by the increases in Medicare,...

  • Participation and Crowd-Out in a Medicare Drug Benefit: Simulation Estimates. Shea, Dennis G.; Stuart, Bruce C.; Briesacher, Becky // Health Care Financing Review;Winter2003, Vol. 25 Issue 2, p47 

    This article provides information on likely participation in the Medicare prescription drug plan and expected crowd-out. We use a microsimulation model based on data from the MCBS to estimate the costs and benefits of a Medicare drug plan, including the benefits from reductions in risk. The...

  • Cost to remain driving force of health care in the 1990s. Wong, Vincent W. K. // Marketing News;1/22/1990, Vol. 24 Issue 2, p8 

    The article reports that ever increasing costs will be the dominant force of change in health care during the 1990's in the U.S. In spite of isolated successes, cost containment has not been widely and correctly implemented enough to produce sufficient results in health care as a whole....

  • A Political Economy Model of Health Insurance Policy. Kimakova, Alena // Atlantic Economic Journal;Mar2010, Vol. 38 Issue 1, p23 

    This paper aims to explain the divergent path of U.S. health policy from other high-income countries. The paper develops a general framework of interest group politics to study how the organization of industry can shape health insurance coverage and greater public involvement in health...

  • Beyond supply and demand. Clement, Douglas // Fedgazette;May2002, Vol. 14 Issue 3, p5 

    Discusses the reasons for increased health care costs in the U.S. Disadvantages of having health insurance; Details on U.S. government programs relevant to health care; Significance of competition in the health insurance market.

  • Hx for health coverage proves elusive. Soule, Alexander // Fairfield County Business Journal;6/11/2007, Vol. 46 Issue 24, p19 

    The article focuses on the issue concerning health care programs in Connecticut. Democrats have touted their own Healthfirst Connecticut initiative in the first bill proposed in the 2007 session, with state Senate President Donald Williams terming the state system on life support. Information...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics