Published on December 15th, 2016 | by Joshua New0
Tracking the Increase in Drug Prices
The U.S. Centers for Medicare and Medicaid Services has published datasets on the price histories of drugs covered by Medicare Part B and D—drugs that are administered in doctors’ offices and by patients, respectively—from 2011 to 2015. The dataset covers 5,000 different prescription medications and reveals substantial increases in drug pricing over the five-year period, with an average cost increase of 83.6 percent, according to Modern Healthcare.
Image: United States Marine Corps.