Drug spending could rise 6.1 percent annually by 2020, federal projections show
by Ike Swetlitz
Feb 20, 2019
2 minutes
WASHINGTON — Spending on prescription drugs is expected to increase at an accelerating rate over the next 10 years, according to government estimates released Wednesday — ramping up to as much as 6.1 percent growth by 2020.
The Office of the Actuary at the Centers for Medicare and Medicaid Services annually forecasts how much money patients, insurance companies, and the government will spend on health
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