Four things to know about the drivers of medicine spending in the USA; report

29 September 2017

A new analysis from QuintilesIMS, which draws on the Medicines Use and Spending in the U.S. — A Review of 2016 and Outlook to 2021 report and the Outlook for Global Medicines Through 2021: Balancing Cost and Value, takes an in-depth look at the true drivers of US medicine spending.

Many patients are struggling to access the medicine they need and have important questions about their medicine costs. But, in order to have productive conversations, we need to be using the same set of facts. According to QuintilesIMS, medicine spending growth was just 4.8% in 2016. Unfortunately it doesn’t feel that way for patients. That is because insurers are increasingly using high deductibles, which result in patients paying the full list price of a medicine, even if their insurer receives a significant discount.

Here are four things you should know about the latest QuintilesIMS report:

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