AcuPartD

Keeping you updated on the latest Medicare and Part D news

Analysis of Generic Drug Price Trends

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An analysis of National Average Drug Acquisition Cost (NADAC) data found that half of all retail generic drugs became more expensive over the past 12 months. Of the nearly 2,400 generic drugs analyzed, almost 10 percent experienced price increases over 100 percent. Some of these dramatic increases can be attributed to shortages, which can be caused by events such as manufacturers exiting the market, supply disruptions, and FDA intervention. Conversely, only 16 percent of the generic drugs analyzed experienced price declines greater than 10 percent.

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