There's a lot less in some people's wallets because of rising drug prices.
Since 2010, spending on prescription medication by members of Blue Cross Blue Shield health insurance plans has increased by 10 percent each year — for a total spike in spending of 73 percent, a new report revealed Wednesday.
The sharp uptick in overall drug spending came even as use of generic drugs, which tend to be less expensive than brand-name prescriptions, rose significantly. Generics currently account for 82 percent of total prescriptions filled, up from 66 percent in 2010.
The group examined medical claims of more than 30 million people with commercial health plans for its report.