Thanks to greater use of generic drugs, the financial burden Americans face with prescription drug use has declined, says a study from the RAND Corporation.
The study found that the percentage of people with high financial burden for prescription drugs—those spending more than 10 percent of income on out-of-pocket expenses for prescription drugs—decreased from 2003 to 2007 and had just a slight increase in 2008. The preceding five-year period, from 1999 to 2003, had seen increases for prescription drug costs year after year.
[See also: 5 best-selling drugs coming off patent]
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