Commonwealth Fund October 5, 2017
Prescription drug spending in the U.S. far exceeds that in other high-income countries.
Higher prices, and greater use of higher-priced drugs, make the U.S. an outlier on prescription drug spending.
Abstract
- Issue:Compared with other high-income countries, the United States spends the most per capita on prescription drugs.
- Goal:To compare drug spending levels and trends in the U.S. and nine other high-income countries — Australia, Canada, France, Germany, the Netherlands, Norway, Sweden, Switzerland, and the United Kingdom; consider potential explanations for higher U.S. spending; and explore patients’ exposure to pharmaceutical costs.
- Method:Analysis of health data from the Organisation for Economic Co-operation and Development, the 2016 Commonwealth Fund International Health Policy Survey, and other sources.
- Findings and Conclusions:Various factors contribute to...
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