GAO Study Illustrates Cost of Doctor-Administered Drugs in Medicare
A federal analysis released Friday illustrates how the Medicare program came to spend $20.9 billion a year on doctor-administered drugs.
A quarter of doctor-administered drugs cost $51,000 or more per person annually.
In conjunction with these findings, the study also showed by 2013, about 332,000 Medicare participants were obligated to pay out-of-pocket costs ranging from $1,900 to $107,000 a year for new drugs under Part B. The most costly drugs in 2013 under Part B were for eye conditions, while another eight of the 20 top-expenditure drugs were for cancer and three others for blood disorders.
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