It’s no secret that pharmacy is one of the fastest-growing components of healthcare spend and is used more than any other benefit. Yet, much to everyone’s dismay, spending associated with this critical benefit has increased rapidly over the last 10 years. Of every healthcare dollar spent by plan sponsors, $0.21 is now going to pharmacy, and many plans now spend as much as $0.30 per dollar on prescription drugs. In fact, we have reached the point where your clients could be one script away from being financially devastated – ever heard of Cinryze or Zolgensma? Arm yourself now with the latest critical market data so that you can help your clients navigate the unsustainable trajectory they’re on and prevent a potentially catastrophic situation.
In this guide, you’ll receive answers to these important questions:
- What market factors are driving my clients’ pharmacy benefits spending?
- How are specialty medications impacting pharmacy cost trends?
- What drugs are coming to market that will impact my clients’ prescription drug costs?
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