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Cost Overdose: Growth in Drug Spending for the Elderly, 1992-2010

Posted in July by Families USA (see the December 1, 1995 Scout Report), this report is billed as "the first study to both analyze the increase in prescription drug spending for the elderly from 1992 to 2000 and to project further increases over the next 10 years." The report gives data on average expenditures on prescription drugs for seniors, average number of prescriptions, average out-of-pocket costs, total expenditures on health care and prescription drugs for seniors, and more. Among the significant findings: "Annual spending on prescription drugs per elderly American will grow from $559 in 1992 to an estimated $1,205 in 2000, an increase of 116 percent."
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