Prescription Drug Economics (WIP)

QUIZ QUESTIONS (10/23/15)

1. How much did US spend on prescription drugs in 2002?
2. How much did US spend on prescription drugs in 2014?
3. What is the value of prescription drug expenditure in terms of total healthcare expenses, and total GDP (as of 2014 - given in percentage)
4. What is the reason for this surge in prescription drug expenses?
5. What can be done to combat the surge in prescription drug expenses?

Instead of providing answers, it would be nice to hear from Presidential candidates on the reason for surge in prescription drug expenses, and how to combat it? The amount that is being spent on prescription drugs is much more than the gdp of Greece to give you an idea on the size of expenses.



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