Wednesday, March 9, 2016
Feds warn of 'remarkable' rise in drug spending
Feds warn of 'remarkable' rise in drug spending-thehill: Prescription drug spending is growing at record levels, outpacing the overall spending on healthcare nationally, federal health officials warned Tuesday. Drug spending grew by a “remarkable” 12.6 percent in 2014, according to new estimates from the Department of Health and Human Services (HHS). It will continue to increase by about 7.3 percent annually through 2018.