Consumer Price Index notes attest that prescription tablets price be swelling just about 4% annually, the… Pharmaceutical Research and Manufacturers of America said Tuesday bounded by a word that contradict a alike revise by manner of AARP, the St. Paul Pioneer Press reports (Olson, St. Paul Pioneer Press, 4/13). The PhRMA study, by Milliman, examine both brand-name and generic prescription drug prices published by the Consumer Price Index. According to PhRMA, the study show that prescription drug rate increase enjoy be humiliate than overall medical payments increases since alleyway of the trial Medicare edict (PhRMA discharge, 4/12). The study found that prescription drug prices rose 4% linking November 2003 and December 2004, which be “in line” practical the overall medical inflation rate in favour of that length, according to the San Francisco Chronicle (Colliver, San Francisco Chronicle, 4/13). The PhRMA study also vote that prescription drug prices rose at an annual rate of 4.1% between January 2000 and February 2005, relate with a medical inflation rate of 4.4% for like two peas in a pod period. PhRMA in a mouth said, “The U.S. government’s publicly free consumer-price data for that period allegedly show that prescription drug prices increased at a slower rate than overall medical attention. We are exploitable to release patients in call for gain prescription through the new Partnership for Prescription Assistance” initiative (Bloomberg/Los Angeles Times, 4/13). AARP Study The AARP study shows that wholesale prices for brand-name prescription drugs increased by an norm of 7.1% — 2.5 times the nonspecific inflation rate of 2.7% — between 2003 and 2004. The study, by researchers from the AARP Public Policy Institute and the PRIME Institute, analyzed the wholesale prices for 195 brand-name and 75 generic medication prevalently previously demanding by U.S. adults ages 50 and elder (Kaiser Daily Health Policy Report, 4/12). Among the 25 furthermost commonly prescribed medications in the study, Ambien, Fosamax, Plavix and Lipitor have the largest percentage price increases, the study says, the Boston Globe reports (Rowland, Boston Globe, 4/13).
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