Thursday, April 21, 2011

Drugs: Spending on prescriptions is slowing - Health Key

mericans consume a lot of prescription drugs. And they seem especially fond of those to lower their cholesterol, relieve their heartburn, cheer them up and take away pain. Overall, however, their spending on such drugs is slowing.

A new report from consulting firm IMS Health offers a quick, but thorough, look at Americans' consumption of, and spending on, prescription drugs. In 2010, the report says, we spent more than $307 billion on medication. That’s up over 2009, but only by 2.3%.

The report’s introduction frames the trend nicely: “A number of factors contributed to this comparatively and historically low growth, including fewer patient visits to doctors’ offices, patent expirations for branded products, expanded usage of existing generic products and less spending on new products.”

Now, drum roll, please...Here are the top five classes of drugs prescribed in America:

Click on the "via" link for the rest of the article.

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