Rising pharmacy costs concern everyone
And for good reason: The numbers are staggering. Employers spent $509 billion (net) in 2019 for prescription drugs. And the 5-year growth rate for drugs is more than double ordinary inflation.
Half a trillion dollars gets your attention.
In the search for solutions, it’s easy to get tangled in specifics such as rebates, formularies, networks and exclusions. But you also need to manage the underlying health conditions behind each prescription — the root cause of these high costs.
