Rx Spending Growth Projection For 2014 Doubled Because Of ACA, CMS Says
This article was originally published in The Pink Sheet Daily
Executive Summary
Spending on prescription drugs by public and private payers will jump 8.8% in 2014 – the year the major coverage expansions under the Affordable Care Act are scheduled to begin – but would have been only 4.1% if the ACA had not passed, according to healthcare spending estimates released by the CMS Office of the Actuary June 12.