Wasted: $1 of Every $4 Spent on Health Care In America

Health Populi

The Centers for Medicare and Medicaid Services (CMS) forecasts that prescription drug spending will be the fastest-growing cause of rising health spending by 2027. How that demand side will reconcile with the supply side of pharmaceutical and life science companies, health insurers, retail pharmacy, hospitals and physicians — all strong and assertive lobbies inside the Beltway — will become clearer over the next thirteen months.

Medical costs projected to increase 6% by 2020, says PwC

Henry Kotula

Between 2020 and 2027, retail drug spending under private health insurance is projected to increase at a rate of 3 percent to 6 percent a year as the impact of generics on spending plateaus, biosimilars continue to see slow uptake, and costly new therapies enter the market. The trend has implications for employers, payers, providers and even pharmaceutical and life science companies. [link].