Get full access to The Daily Beast for $1

SUBSCRIBE

Sydney Lupkin

170810-keiser-prescription-money-tease_nd5qkv
SQUEEZED

Rising Price of Old Drugs Costs Medicaid Billions

Medicaid spent billions more in 2016 than the year before on decades-old prescription drugs, including many generics. Lack of competition is a big culprit.

Sydney Lupkin

ADVERTISEMENT

GET THE APP
Subscribe
Log In
Newsletters
Podcasts
AboutContactTipsJobsAdvertiseHelpCode of Ethics & StandardsInclusionTerms & ConditionsCopyright & TrademarkPrivacy

© 2026 The Daily Beast Company LLC