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Drug Pricing: Research on Savings from Generic Drug Use
Our Price:
$
20.00
By
John E. Dicken (au)
Year:
2012
Pages:
21
Binding
Paperback
ISBN
978-1-4578-2945-1
Product Code:
1457829452
Description
Prescription drug spending in the U.S. reached $307 billion in 2010 -- an increase of $135 billion since 2001 -- and comprised approx. 12% of all health care spending in the country. The rate of increase of drug spending has generally declined lately, attributable in part to the greater use of generic drugs, which are copies of approved brand-name drugs that cost, on average, 75% less than the retail price of brand-name drugs. However, use of generic drugs -- and the savings realized -- can vary by payer as well as across therapeutic classes. This report identified research completed on estimates of cost savings from the use of generic drugs in the U.S. Charts and tables. This is a print on demand edition of an important, hard-to-find report.
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