Keeping you updated on the latest Medicare and Part D news

Prescription drug costs increase greatly, according to Medicare data

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Bloomberg BNA is reporting that Part D spending by Medicare between 2013 and 2014 increased by 17% overall. Bloomberg used recently released data from CMS to analyze the costs of nearly 3000 brand name and generic drugs covered by Medicare Part D. They found that the price of approximately 200 drugs rose by more than 50% during that time.

The Bloomberg BNA-produced graphics below depict some of the largest price increases observed in both brand name and generic drugs.






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