Costco could have saved Medicare $2.6 billion in drug spending, analysis shows

CNN

6 July 2021 - Medicare spent billions more money on generic drugs for its beneficiaries than warehouse chain Costco did for the same drugs, according to an analysis published Tuesday.

This overspending hit $2.6 billion in 2018, Erin Trish, associate director of the University of Southern California's Schaeffer Center for Health Policy and Economics, and colleagues wrote in a letter to the Journal of the American Medical Association's JAMA internal Medicine.

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Michael Wonder

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Michael Wonder

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Medicine , US , Medicare , Costs