Health Care FinanceMedicare - GeneralPart D/Prescription Drugs

What are the recent and forecasted trends in prescription drug spending?

(By Emma Wager, Imani Telesford, Cynthia Cox, and Krutika Amin for Kaiser Family Foundation published September 15, 2023)

Prescription drug spending growth slowed again in 2020 after increasing rapidly in 2014 and 2015, when expensive new specialty drugs came to market. An updated chart collection examines historical and projected trends in retail prescription drug spending and use, with a focus on the role of specialty drugs. Continue reading here…

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