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Trends in prescribed medicine use and spending by older Americans, 1992-2001
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February 2005
[PDF-1.78 MB]
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Description:The importance of prescription drug use in medical practice in the United States has grown with the availability of new drugs to treat major diseases, including common chronic conditions such as heart disease, hypertension, and depression. As a result, prescription drug use and spending have increased. Spending on retail prescription drugs in the United States more than tripled from $15.0 billion in 1982 to $48.2 billion in 1992, then more than tripled again to $162.4 billion in 2002. In per capita terms, retail prescription drug spending increased from $64 in 1982 to $569 in 2002. As a proportion of national health expenditures, retail prescription drug spending more than doubled from 4.7 percent in 1982 to 10.5 percent in 2002.
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Content Notes:by Margie R. Goulding.
Goulding MR. Trends in prescribed medicine use and spending by older Americans, 1992-2001. Aging Trends, No. 5. Hyattsville, Maryland: National Center for Health Statistics. 2005.
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Pages in Document:electronic; electronic resource; 10 p. : digital, PDF file
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