Silver Book reference

Benefits and Costs of Newer Drugs: An update

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    • Every $1 invested in newer medications saves $7 in other costs.  
    • For every $1 spent on newer instead of older medicines, total health care spending is reduced by $6.17.  
    • For each $1 spent on newer pharmaceuticals. $6.17 is saved in total health care spending. $4.44 of this savings is in hospital spending alone.  
    • Using newer drugs could lower overall health expenses by as much as $111 per person, per condition, for the general population, and $155 for Medicare beneficiaries.