Medicaid’s Most Costly Drugs

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The 5 Most Common RX’s

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One Response

  1. Generic Drug Prices Fell 59% Between 2010 and 2015

    The United States Government Accountability Office recently released an analysis of generic drug price trends under Medicare Part D. Here are some key findings from the report:

    • Generic drug prices fell 59% everall between 2010 and 2015.
    • 300 generic drugs had at a price increase of 100% or more from 2010 – 2015.
    • 84% of prescriptions under Medicare Part D in 2013 were for generic drugs.
    • In 2014, federal spending on Medicare Part D totaled approximately $78 billion.
    • Generic drug copayments under Medicare Part D ranged from $0 – $13 in 2016.
    • 50% of all established generic drugs experienced a price decrease in each year.

    Source: United States Government Accountability Office, August 2016

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