$103 Billion spent by Medicare on pharmaceuticals in 2013


Interesting article — $103 billion was spent on pharmaceuticals in 2013.  $103 BILLION!  Check out this article.

Not to say that medications do not have a place in our society — I know many things are necessary to keep people healthy and maintain quality of life.  BUT after working in healthcare for 28 years, chairing a pharmacy committee in a healthcare facility, I can’t help but wonder if there are other ways to treat things like heartburn…

“The heartburn drug Nexium cost the most: $2.5 billion for 1.5 million Medicare patients, who filled 8 million prescriptions and refills. The total cost included what was paid by Medicare, beneficiaries and third parties such as supplemental health plans.”  Check out this article for the listing of the top 10 drugs and the suggestion for patients to get more involved in their care: http://www.npr.org/blogs/health/2015/05/01/403506160/brand-name-medicines-dominate-medicares-103-billion-drug-bill

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