
According to Duggan and Morton,the reduction in overall drug expenditures
A) Is due to a decrease in prices by pharmaceutical companies
B) Is due to an increase in prices by pharmaceutical companies
C) Is due to the ability of private plans to drive the use of drugs toward less expensive therapeutic substitutes
D) Is due to the ability of Medicare Part D plans to drive the use of drugs toward less expensive therapeutic substitutes
Correct Answer:
Verified
Q10: For pharmaceutical drugs,R&D expenditures account for
A)Over two-thirds
Q11: Explain what would happen to the price
Q12: Drug after formularies
A)Help manufacturers determine which drugs
Q13: Suppose there is a new drug in
Q14: Which of the following are types of
Q15: Most pharmaceutical drug discoveries fail to lead
Q16: Long lags in FDA approval lead to
A)Statistical
Q17: Describe methods used by brand-name pharmaceutical companies
Q18: Drugs that treat a small portion of
Q19: When a pharmaceutical company sells a patented
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