From 2019 to 2020, half of all drugs covered by Medicare Part B and Part D showed a price increase that was above the rate of inflation. However, 42 percent of Medicare covered drugs showed a reduction in prices.
Price change among drugs covered by Medicare compared to inflation in 2019-2020
"Includes all drug products listed in the CMS Medicare drug spending datasets for Part D and Part B in both 2019 and 2020. Prices are based on average spending per dosage unit and do not account for rebates (in Part D). 2019-2020 price changes compared to the increase in the CPI-U between July 2019-July 2020."
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Kaiser Family Foundation. (February 25, 2022). Price change among drugs covered by Medicare compared to inflation in 2019-2020 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/
Kaiser Family Foundation. "Price change among drugs covered by Medicare compared to inflation in 2019-2020." Chart. February 25, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/
Kaiser Family Foundation. (2022). Price change among drugs covered by Medicare compared to inflation in 2019-2020. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/
Kaiser Family Foundation. "Price Change among Drugs Covered by Medicare Compared to Inflation in 2019-2020." Statista, Statista Inc., 25 Feb 2022, https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/
Kaiser Family Foundation, Price change among drugs covered by Medicare compared to inflation in 2019-2020 Statista, https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/ (last visited December 03, 2024)
Price change among drugs covered by Medicare compared to inflation in 2019-2020 [Graph], Kaiser Family Foundation, February 25, 2022. [Online]. Available: https://www.statista.com/statistics/1313067/medicare-drugs-price-change-vs-inflation/