Seanad debates

Wednesday, 25 June 2003

Council Regulation on Procedures for amending the Sirene Manual: Referral to Joint Committee. - Health Service Reform: Statements (Resumed).

 

The increase in public and private spending on pharmaceuticals has been one of the main drivers of rising health expenditure in many OECD countries in recent years, reflecting the introduction of new and more expensive drugs. Pharmaceutical spending rose by more than 70%, in real terms, between 1990 and 2001 in Australia, Canada, Finland, Ireland, Sweden and the United States. Pharmaceuticals now account for more than 10% of total health spending in nearly all OECD countries, and over 20% of health spending in France and Italy.

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