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Issue Spotlight: Prescription Drugs
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Prescription Drugs

FACTS AT A GLANCE


Quick facts on Prescription Drugs in the U.S.
U.S. Spending on Prescription Drugs in 2001, in dollars: 140.6 billion, a 16% Increase over Spending in 2000
Percent of Personal Health Spending Dedicated to Prescription Drugs in 2001: 11
Top Five Prescription Drugs Ranked by Dollar Sales in 2001: Lipitor, Prilosec, Zocor, Prevacid, Celebrex
Number of Drugs Dispensed Per Capita in U.S. in 2001: 10.9 Prescriptions, up from 8.4 per capita in 1995
Percent Increase in the Number of Prescriptions Dispensed Between 1993 and 2001: 65
Percent Increase in the Average Price of a Prescription in the U.S. Between 1993 and 2001: 86
Average Retail Price of a Brand Name Prescription Drug in 2001, in dollars: 71.18 , up 9% from 2000 and 162% from 1990
Average Retail Price of a Generic Prescription Drug in 2001, in dollars: 21.96, up 14% from 2000 and 113% from 1990
Estimated Amount the Pharmaceutical Industry Spent on Research and Development in 2001, in dollars: 30.3 billion
Amount the Pharmaceutical Industry Spent on Promotion in 2001, in dollars: 19.1 billion
Average Annual Spending on Drugs By Those 65 Years and Over in 2001, in dollars: 884
Percent of Medicare Beneficiaries Without Drug Coverage in 1999: 38% of Medicare Beneficiaries (in the fall of 1999), 25% (througout the year of 1999)
Percent of Medicare Beneficiaries Who Receive Prescription Drug Coverage Through Employer-Sponsored Souces in the fall of 1999: 28
Percent of Medicare Beneficiaries Who Receive Prescription Drug Coverage Through Medicare HMO's in the fall of 1999: 15
Percent of Medicare Beneficiaries Who Receive Prescription Drug Coverage Through Medicaid in in the fall of 1999: 10
Percent of Medicare Beneficiaries Who Receive Prescription Drug Coverage Through Medigap in the fall of 1999: 7
Average Number of Prescriptions Filled for Medicare Beneficiaries With Drug Coverage in 1999: 25
Average Number of Prescriptions Filled for Medicare Beneficiaries Without Drug Coverage in 1999: 17.5
Medicare Spending on Prescription Drugs in 2001, in dollars: 2.4 billion
Medicaid Spending on Prescription Drugs in 2001, in dollars: 24.1 billion




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