Government & Medicine

MedPAC Debates Methods to Combat Rising Drug Costs

Spending in 2012 Topped $13 Billion

September 19, 2014 03:53 pm Washington — Medicare spending for Part B drugs furnished by physicians has increased since a policy supporting lower-cost alternatives was rescinded in 2010. Members of the Medicare Payment Advisory Commission recently considered several proposed formulas for determining appropriate payment for prescription drugs.

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