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Prescription Drug Trends

  • October 20, 2003

Spending for prescription drugs is one of the fastest growing components of health care. Rising prices, increasing prescription use (particularly among the elderly), and growing reliance on newer, higher-priced drugs have all contributed to spending growth. The Kaiser Foundation published a Fact Sheet earlier this year, which expands on this trend. As I said ealier, drug companies will use all sorts of underhanded tactics to market their products to consumers. In fact, drug companies will...
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