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Issue Brief No. 91
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Prescription Drug Spending Trend,1 by Price and Utilization, 1998-2004 (Change per Capita) |
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Spending on Prescription Drugs
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Prescription Drug Prices
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Prescription Drug Utilization2
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|
| Jan. - June 1998 |
13.1%
|
2.7%
|
10.1%
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| July - Dec. 1998 |
15.0
|
4.8
|
9.7
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| Jan. - June 1999 |
17.2
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5.5
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11.1
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| July - Dec. 1999 |
19.5
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5.9
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12.9
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| Jan. - June 2000 |
15.3
|
5.0
|
9.8
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| July - Dec. 2000 |
13.7
|
3.8
|
9.5
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| Jan. - June 2001 |
15.3
|
4.8
|
9.9
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| July - Dec. 2001 |
12.4
|
6.0
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6.1
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| Jan. - June 2002 |
13.0
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5.6
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7.0
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| July - Dec. 2002 |
13.4
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4.8
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8.2
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| Jan. - June 2003 |
8.5
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3.5
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4.8
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| July - Dec. 2003 |
9.6
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2.7
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6.7
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| Jan. - June 2004 |
8.8
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3.1
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5.5
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| 1 Each row indicates the percentage change
for the period indicated compared with the corresponding months in the previous
year. 2 Calculated as the residual of the prescription drug spending and price trends. Source: Data on prescription drug spending are from the Milliman Health Cost Index ($0 deductible). Prescription drug prices are from the Bureau of Labor Statistics' Consumer Price Index (CPI) for prescription drug and medical supplies. Data accessed on Oct. 7, 2004. |
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