10 prescription drugs Medicare spent the most on in 2020: AARP

In 2020, Medicare spent the most on Eliquis, with more than 2.6 million Medicare Part D enrollees taking the blood thinner at a cost of nearly $10 billion, according to data released March 8 by the AARP.
The average list price of the 75 brand-name drugs Medicare spends the most rose 5.2% in January 2022, according to AARP.
“Brand name drug prices have been rising faster than general inflation for more than a decade, forcing increasing numbers of patients to go without needed drugs,” the AARP researchers said. “Medicare beneficiaries, who have a median annual income of just under $30,000, take an average of four to five prescription drugs each month, and public opinion polls have consistently found that many skip doses or are not refilling their prescriptions because of the cost.”
AARP’s current campaign, Fair Rx Prices Now, urges lawmakers to allow Medicare to negotiate prices with pharmaceutical manufacturers, impose tax penalties on drugmakers who raise prices by more than inflation, and to cap Part D disbursements.
Here are the 10 drugs Medicare spent the most money on in 2020 that rose in price in January 2022:
1. Equip
Use: Anticoagulant for people with atrial fibrillation
Health insurance expenditure 2020: $9.9 billion
Number of beneficiaries: 2,641,941
Price increase 2022: 6 percent
2. Revlimid
Use: Cancer treatment
2020 Medicare spending: $5.4 billion
Beneficiaries: 43,747
Price increase 2022: 4.5%
3. xarelto
Use: Anticoagulant for people with atrial fibrillation
Health insurance expenditure 2020: $4.7 billion
Beneficiaries: 1,184,718
Price increase 2022: 4.9%
4. Januvia
Use: Treatment of diabetes
Health insurance expenditure 2020: $3.9 billion
Beneficiaries: 934 686
Price increase 2022: 5 percent
5. Trulicity
Use: Treatment of diabetes
Health insurance expenditure 2020: $3.3 billion
Beneficiaries: 497 327
Price increase 2022: 5 percent
6. Imbruvic
Use: Cancer treatment
Health insurance expenditure 2020: $3 billion
Beneficiaries: 26,847
Price increase 2022: 7.4%
7. gardening
Use: Treatment of diabetes
Health insurance expenditure 2020: $2.4 billion
Beneficiaries: 594 859
Price increase 2022: 4 percent
8. Humira Pen (Cf)
Use: Rheumatoid arthritis, treatment of plaque psoriasis
Health insurance expenditure 2020: $2.2 billion
Beneficiaries: 42,406
Price increase 2022: 7.4%
9. Ibrance
Use: Cancer treatment
Health insurance expenditure 2020: $2.1 billion
Beneficiaries: 21,394
Price increase 2022: 6.9%
ten. Symbicort
Use: Treatment of asthma
Health insurance expenditure 2020: $2 billion
Beneficiaries: 1,017,530
Price increase 2022: 2 percent