List Prices for Medicare Part D Drugs Exceeded Inflation in 2016, 2017, Analysis Says
List price increases for many Medicare Part D drugs—both brands and generics—exceeded inflation in 2016 and 2017, in some cases by a substantial margin, according to a recent analysis from the Kaiser Family Foundation.
The inflation rate between July 2016 and July 2017 was 1.7%, and of the 2879 drugs reported in 2017’s Medicare Part D drug spending dashboard, 60% (1733 drugs) had list price increases that exceeded inflation.
