Spending on prescribed drugs in Canada is estimated to have
reached $21.1 billion in 2006, an increase of $1.4 billion over the
previous year, according to figures released by the Canadian
Institute for Health Information (CIHI) in its annual report on
drug spending. While total health spending grew by an estimated
5.8% in 2006, the projected annual growth rate for prescribed drugs
was 6.9%. In comparison, spending on prescribed drugs increased on
average by 11.2% per year from 1997 to 2004.
Source: Canadian Institute for Health Information
Date published: 05-15-07
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