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Rx Spending Expected To Grow 5% In First Year of Expanded Health Coverage, CMS Predicts

This article was originally published in The Pink Sheet Daily

Executive Summary

CMS projects the year-over-year growth in retail prescription drug spending to jump from a negative to flat growth in 2012 and 2013 to more than 5% in 2014 and nearly 7% in 2015, largely due to expanded health care coverage under the Affordable Care Act.

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