Tuesday, March 12, 2013

FACTOID

In 2012, the prices on a market basket of the most highly utilized brand-name medications increased 12.5%, while the prices of generic medications actually declined 24%, compared to the Consumer Price Index's 2012 inflation rate of 1.7% .
Source: "US Spending on Traditional Prescription Drugs Fell in 2012 for First Time on Record," Express Scripts Press Release, March 5, 2013, http://phx.corporate-ir.net/phoenix.zhtml?c=69641&p=irol-newsArticle&ID=1792080&highlight=

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