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Chart 1.9: Total Prescription Drug Spending, 1980-2021 

Chart 1.9: Total Prescription Drug Spending, 1980-2021


Source: Centers for Medicare & Medicaid Services. Data released December 2022. National Health Expenditures by types of service and source of funds, CY 1960-2021. https://www.cms.gov/files/zip/national-health-expenditures-type-service-and-source-funds-cy-1960-2021.zip


(1) CMS completed a benchmark revision in 2019, introducing changes in methods, definitions and source data that are retroactively applied to the entire time series. For more information on this revision, see https://www.cms.gov/files/document/summary-benchmark-changes-2019.pdf 

(2) Total Prescription Drug Spending is expressed in the current year's dollar, 2021. 


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