Trenton, N.J. • Spending on prescription medicines in the U.S. fell for the first time in decades last year, slipping as cash-strapped consumers continued to cut back on use of health care services. Patients also benefited from a surge of new, inexpensive generic versions of widely used drugs for chronic conditions like high cholesterol, according to a new report. Total spending on medications dipped 1 percent, to $325.8 billion last year from $329.2 billion in 2011. Likewise, average spending ...

GENERIC - The Salt Lake Tribune

U.S. medicine spending shows rare dip in 2012, agency says

U.S. medicine spending shows rare dip in 2012, agency says

Updated May 9, 2013 09:46PM MDT

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