Outpatient prescription drug spending by the Medicare population.
Waldo, Daniel R
Date of Pub
Legislation proposed in the 100th Congress and debated during the summer of 1987 would cover prescription drug spending by
Medicare enrollees after the enrollee had met a deductible. However, at the time that the legislation was proposed, there
were no comprehensive estimates of the extent of current expenditures for prescription drugs by that population, nor of the
expected cost of the proposed coverage. In this article, the author estimates "current-law" drug spending by Medicare enrollees.
A distribution around the average expenditure is developed, demonstrating the proportion of users that exceed any given annual
expenditure and the proportion of total expenditures comprised by spending in excess of that "deductible."
Ambulatory Care/economics : Data Collection : Human : Insurance, Pharmaceutical Services/utilization : Medicare/utilization
: Prescriptions, Drug/economics : Statistics : United States