National trends in out-of-pocket prescription drug spending among elderly medicare beneficiaries

Usha Sambamoorthi, Ayse Akincigil, Wenhui Wei, Stephen Crystal

Research output: Contribution to journalReview articlepeer-review

3 Scopus citations

Abstract

This review examines the national trends in out-of-pocket and high economic burden of precription drug expenditures by elderly people aged 65 years and older. From 1992 to 2000, prescription out-of-pocket drug expenditures increased at an annual rate of 7%. During this period the proportion of elderly without prescription drug coverage steadily decreased from 42% in 1992 to 21% in 2000. The proportion of elderly bearing high burden declined from 1992 to 1996 and steadily increased after 1997, despite the growth in prescription drug coverage. Taken together, these findings suggest that coverage expansion alone may not be sufficient to reduce the out-of-pocket prescription expenditures burden on the elderly. Some subgroups of the elderly, such as women and the chronically ill, were vulnerable to a high prescription expenditures burden throughout the 1990s.

Original languageEnglish (US)
Pages (from-to)297-315
Number of pages19
JournalExpert Review of Pharmacoeconomics and Outcomes Research
Volume5
Issue number3
DOIs
StatePublished - Jun 2005

All Science Journal Classification (ASJC) codes

  • Health Policy
  • Pharmacology (medical)

Keywords

  • Drug
  • Elderly
  • Medicare
  • Medicare current beneficiary survey
  • National

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