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Report: 2015 US drug spending up 5 percent, half 2014's rise

Report: 2015 US drug spending up 5 percent, half 2014's rise

Spending on prescription drugs for insured Americans rose about 5 percent last year, driven by both greater medication use and higher prices, mainly for very expensive drugs termed specialty medicines. Still, the increase was half the rate in 2014, which saw the biggest price jump since 2003.

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Updated: March 15, 2016 — 2:00 am

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