CBO Estimates That Greater Prescription Drug Use by Medicare
Posted: Fri Nov 30, 2012 12:27 pmCBO Estimates That Greater Prescription Drug Use by Medicare Beneficiaries Reduces Medicare’s Spending for Medical Services
from CBO Recent CBO Publications
Previously, when estimating the budgetary effects of legislation regarding prescription drugs, CBO found insufficient evidence of an “offsetting” effect of prescription drug use on spending for medical services. Recently, CBO reviewed dozens of newer studies and determined that a body of research now demonstrates a link between changes in prescription drug use and changes in the use of and spending for medical services.
http://www.cbo.gov/publication/43742
from CBO Recent CBO Publications
Previously, when estimating the budgetary effects of legislation regarding prescription drugs, CBO found insufficient evidence of an “offsetting” effect of prescription drug use on spending for medical services. Recently, CBO reviewed dozens of newer studies and determined that a body of research now demonstrates a link between changes in prescription drug use and changes in the use of and spending for medical services.
http://www.cbo.gov/publication/43742