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US medicine spending shows rare dip in 2012

May 9th, 2013 - National News

— Spending on prescription medicines in the U.S. fell for the first time in more than five decades last year.

A new report from the IMS Institute for Healthcare Informatics states the total spent was down 3.5 percent to $325.8 billion last year.

That's partly because patients benefited from a surge of new, inexpensive generic versions of widely used drugs for chronic conditions, such as Lipitor for high cholesterol.

But there's a downside: Another reason for the decline was that cash-strapped consumers continued to cut back on or delay needed doctor visits, medicines and other treatments. Some waited to seek care until they were very sick, leading to a jump in patients admitted to hospitals after coming to the emergency department.

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2 dead in crash with wrong-way driver

PLAINWELL, Mich. (AP) — Authorities say two people are dead following a crash involving a wrong-way driver on an Allegan County roadway after sheriff's deputies tried to stop the motorist.

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Convicted murderer of Michigan state trooper on life support

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Snyder signs legislation to speed up adoptions

LANSING, Mich. (AP) — Gov. Rick Snyder has signed legislation designed to speed up adoptions.

One bill shortens to three months from six months the time needed for finalizing the adoption of a ch...

Flooding threatens homes along Michigan rivers

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The National Weather Service repo...

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GM to ask bankruptcy court for lawsuit protection

DETROIT (AP) — General Motors plans to ask a federal bankruptcy judge to shield the company from legal claims for conduct that happened before its 2009 bankruptcy.

The automaker's strategy is in ...

Tributes planned to mark Boston Marathon bombing

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Nearly 300 missing in SKorean ferry sinking

SEOUL, South Korea (AP) — Two people are confirmed dead, but officials in South Korea fear the death toll could get much higher following the sinking of a ferry off the southern coast.

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Israeli families gather for ritual Passover meal

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MI & MSU players headed for draft

(AP) — Michigan State forward Branden Dawson is staying for his senior season.

The school announced Dawson's decision Tuesday.

He averaged a career-high 11.2 points last season. The 6-foot-6 ...

Phelps back in the pool

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Potential Treatment for Spinal Cord Injury Patients

LONDON (AP) — Doctors in London researching spinal cord injuries say they've had success using an experimental treatment on four patients now.

They've gotten them to stand and move their legs by ...

Updating Nutrition Labels

WASHINGTON (AP) — The nutrition facts label on the back of food packages is getting a makeover.

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