The average annual prescription drug cost for non-institutionalized Medicare recipients was about ____ in 1992, compared to about ____ in 2004.
A) $100; $1,000
B) $200; $600
C) $500; $800
D) $500; $2,000

Question

Quizplus · Accepted Answer

The average annual prescription drug cost for non-institutionalized Medicare recipients was about $500 in 1992, compared to about $2,000 in 2004. This significant increase in cost over a 12-year period highlights the growing challenge of managing healthcare expenses for older Americans.

The Average Annual Prescription Drug Cost for Non-Institutionalized Medicare Recipients