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Prescription Drugs and the Slowdown in Health Care Spending
Health Affairs Link to more items from this source
Nov. 19, 2015

"An important component of the 2010 to 2013 continued slowdown in spending was the negative growth in real per capita spending on prescription drugs ... [which] declined by 0.5 percent between 2010 and 2013.... One major explanation is the large number of drug patent expirations that peaked in 2012.... Total spending on some medical conditions actually declined in real terms between 2008 and 2012, and reduced pharmaceutical costs were a likely major contributor to these declines."

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