News Headlines Article

Selling prescription drugs
San Mateo Daily Journal

Americans spent almost half a trillion dollars on prescription drugs last year, or nearly $1 out of every $6 spent on health care. And the total is rising fast, driven by an increased reliance on medications and a shift toward higher-priced drugs.

Federal taxpayers help pay for some of those drugs, and earlier this month the Obama administration proposed a new approach aimed at encouraging the use of the most effective medicines, not the most expensive ones.

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