Medicare Spent $20.9 Billion on Part B Drugs in 2013
In 2013, Medicare spent $20.9 billion on Part B drugs which particular 9 drugs accounted for 76% of the total Part B drug costs. One drug (Soliris, Alexion Pharmaceuticals) alone cost $340,500 per beneficiary – only 441 beneficiaries received this drug in 2013.
The nine drugs are:
- Lucentis: $1.37 billion
- Eylea: $1.09 billion
- Prolia: $665 million
- Treanda: $332 million
- Lexiscan: $257 million
- Yervoy: $224 million
- Privigen: $184 million
- Provenge: $183 million
- Soliris: $150 million
Source: U.S Government Accountability Office
Why this should concern seniors, because if the individual’s medical coverage does not have an annual out-of-pocket limit, it would be extremely costly for the Medicare patient. Read article here…..
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