Prescription Drug Spending Jumps as the Price Index Drops

August 13, 2019

Sarah Rawlins

August 13, 2019

Spending on prescription drugs has increased by more than 7.0 percent over the last year. The large difference is due to the fact that the CPI only measures changes in prices of the same drug. Insofar as patients are using new and more expensive drugs it will not be picked up in the CPI. For more, check out the latest Prices Byte.

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