TITLE

National Health Spending In 2006: A Year Of Change For Prescription Drugs

AUTHOR(S)
Catlin, Aaron; Cowan, Cathy; Hartman, Micah; Heffler, Stephen
PUB. DATE
January 2008
SOURCE
Health Affairs;Jan/Feb2008, Vol. 27 Issue 1, p14
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In 2006, U.S. health care spending increased 6.7 percent to $2.1 trillion, or $7,026 per person. The health care portion of gross domestic product (GDP) was 16.0 per- cent, slightly higher than in 2005. Prescription drug spending growth accelerated in 2006 to 8.5 percent, partly as a result of Medicare Part D's impact. Most of the other major health care services and public payers experienced slower growth in 2006 than in prior years. The implementation of Medicare Part D caused a major shift in the distribution of payers for prescription drugs, as Medicare played a larger role in drug purchases than it had before.
ACCESSION #
28321532

 

Related Articles

  • Health Spending Projections For 2002-2012. Heffler, Stephen; Smith, Sheila; Keehan, Sean; Clemens, M. Kent; Won, Greg; Zezza, Mark // Health Affairs;2003 Supplement, Vol. 22 Issue 1, p54 

    We forecast a slowdown in national health spending growth in 2002 and 2003, reflecting slower projected Medicare and private personal health spending growth. These factors outweigh higher projected Medicaid spending growth, caused by weak labor markets, and an expectation of continued high...

  • Should Drug Prices Be Negotiated Under Part D Of Medicare? And If So, How? Frank, Richard G.; Newhouse, Joseph P. // Health Affairs;Jan/Feb2008, Vol. 27 Issue 1, p33 

    Medicare's Part D prescription drug benefit has offered affordable coverage to millions of elderly Americans since its January 2006 implementation. A great deal of concern has been expressed about whether drugs are being purchased in a cost-effective manner. Many believe that the government...

  • Changes In Medicaid Prescription Volume And Use In The Wake Of Medicare Part D Implementation. Bruen, Brian K.; Miller, Laura M. // Health Affairs;Jan/Feb2008, Vol. 27 Issue 1, p196 

    Implementation of the Medicare drug benefit resulted in a major shift of prescription drug spending from Medicaid to Medicare. Data indicate that Medicaid programs experienced substantial changes in the volume and types of prescriptions used by enrollees. Medicaid prescription volume and total...

  • Medicare Part D: CMS's Process and Policy for Enrolling New Dual-Eligible Beneficiaries: GAO-07-1022T. King, Kathleen M. // GAO Reports;6/21/2007, p1 

    Under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA), dual-eligible beneficiaries--individuals with both Medicare and Medicaid coverage--have their drug costs covered under Medicare Part D rather than under state Medicaid programs. The MMA requires the Centers...

  • Measuring Outcomes And Efficiency In Medicare Value-Based Purchasing. Tompkins, Christopher P.; Higgins, Aparna R.; Ritter, Grant A. // Health Affairs;2009 Supplement 1, Vol. 28, pW251 

    The Medicare program may soon adopt value-based purchasing (VBP), in which hospitals could receive incentives that are conditional on meeting specified performance objectives. The authors advocate for a market-oriented framework and direct measures of system-level value that are focused on...

  • mending holes in the Medicaid safety net a strategy for state healtcare reform. Keckley, Paul; Kalkhof, Christopher // hfm (Healthcare Financial Management);Dec2007, Vol. 61 Issue 12, p56 

    The article offers information about Medicaid reforms in the U.S. Managing Medicaid programs effectively and efficiently are considered one of the most important challenges of states in the country because it is a vital safety net that support the economic stability of every state and it needs...

  • Urologists: Reimbursement cuts mean cuts in service. Nash, Karen // Urology Times;Feb2007, Vol. 35 Issue 2, p35 

    The article focuses on the impact of proposed reimbursement cuts on urology practitioners in the U.S. In response to the projected increase of Medicare costs in the next 8 years, the Centers for Medicare and Medicaid Services is looking at ways to restrict expenditure growth as much as possible....

  • Voluntary Partial Capitation: The Community Nursing Organization Medicare Demonstration. Frakt, Austin B.; Pizer, Steven D.; Schmitz, Robert J.; Mattke, Soeren // Health Care Financing Review;Summer2005, Vol. 26 Issue 4, p21 

    In a recently concluded Medicare demonstration, Community Nursing Organizations (CNOs) received capitated payment to provide a subset of Medicare services through a nursing case management delivery system. Demonstration participation was voluntary, both for CNOs and recruited beneficiaries,...

  • Medicare, 1965.  // H&HN: Hospitals & Health Networks;May2007, Vol. 81 Issue 5, p13 

    The article focuses on the impact of the creation of Medicare and Medicaid programs in 1965 on the availability of care for seniors and the medically indigent, and also on the financial health of hospitals. Medicare expenditures grew from about $2 billion in the first year of operation to more...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics