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.
The data were released as part of a broader look at health care spending in the U.S. and other wealthy nations. And the results were sobering: The U.S. spent approximately twice as much as the 11 other high-income countries on medical care, yet utilization rates in the U.S. were largely similar to those in other nations.
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
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