iLoveBenefits: Industry News Blog

Blue Cross Blue Shield: Rx Trends

The Blue Cross Blue Shield Association has released their 12-page Prescription Drug Costs Trend Update that finds “More expensive branded prescription drug spending is up 4 percent since 2016. Branded prescription drugs comprise only 17 percent of total prescriptions filled but account for 79 percent of overall drug spending at $79.5 billion. Steady annual increases in branded patent-protected prescription costs drive the majority of spending in the branded drug space, growing 5 percent in the past year alone.”

November 27, 2018 | Categories: Cost,drugs,healthcare | Tags: , , | Comments (0)

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