As Americans grapple with the rising cost of medicines, a new analysis shows that the U.S. had the highest spending per capita among nearly a dozen other high-income countries.
Specifically, U.S. spending per capita on pharmaceuticals was $1,443, despite the fact that generics represented 84 percent of the U.S. market, the largest tally among the 11 countries that were examined. The mean spending per capita was $749, according to the analysis, which was published in the Journal of the American Medical Association. Retail spending per capita was also highest in the U.S., at $1,026.
Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free!
GET STARTEDWhat is it?
STAT Plus is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.
What's included?
- Daily reporting and analysis
- The most comprehensive industry coverage from a powerhouse team of reporters
- Subscriber-only newsletters
- Daily newsletters to brief you on the most important industry news of the day
- Online intelligence briefings
- Frequent opportunities to engage with veteran beat reporters and industry experts
- Exclusive industry events
- Premium access to subscriber-only networking events around the country
- The best reporters in the industry
- The most trusted and well-connected newsroom in the health care industry
- And much more
- Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
About the Author
After MD Medicaid stopped paying on July 31, 2013 for the three Brand Name Anti-Seizure Drugs which I have to take daily to treat my Epilepsy I spent $16, 300 on these Anti-Seizure Drugs . This is a tremendous amount of money which I did not have to be spending. Linda Ennis