Medicine, Prescription Drug | featured news

(Image from article: "New health-care rules take effect in new year")

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US medicine spending shows rare dip

Total U.S. spending on prescription medicines declined last year, a first in more than half a century. The dip was 1 percent, to $325.8 billion — a 3.5 percent drop after accounting for population growth and economic expansion, according to the IMS Institute for Healthcare Informatics.

New health-care rules take effect in new year

Changes are designed to aid Medicare prescription drug recipients, offer seniors more preventive care and limit insurance firms' profit margins.

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