Posted on Apr 22, 2019 11:57:29 AM by Tracey Moran
Drug prices continue to be the fastest growing cost in healthcare, with brand medication prescriptions increasing by 98.2% since 2011. Major drivers of increased pharmacy spend have been new treatment medications, compounded medications, the consolidation of brand and generic drug manufacturers, and supply chain shortages. These challenges are unprecedented and expected to increase in the coming years.
Posted on Nov 13, 2018 1:35:44 PM by Emily McManamy
Prescription drug costs are rising in the U.S. leading to higher health insurance costs and access issues for your employees. As a result, Americans are finding it difficult to afford medications which leads to dangerous consequences. “In a 2013 survey, one in five adults in the U.S. said they failed to complete a prescribed course of medicine because of cost.” NPR reports that 1 in 4 patients living with diabetes have rationed their insulin due to costs more than doubling since 2012.