Health Populi August 16, 2019
As large employers’ annual health care costs for an employee are expected to exceed $15,000 in 2020, companies are focusing in on managing the pharmacy line-item, we learn from the 2020 Large Employers’ Health Care Strategy and Plan Design Survey from the National Business Group on Health (NBGH).
I covered large employers’ perspectives and future plans to deal with health care services for workers in 2020 in Health Populi here earlier this week. In this post, I’ll dive deep into the study’s Section VII on Pharmacy Costs and Strategies.
Employers’ most daunting challenge and uncertainty when it comes to dealing with pharmacy spending is the specialty drug impact — specifically, new million-dollar therapies getting approved by the FDA.
Examples of...