Click below to watch Strategies for Reducing Rx Benefit Costs
Prescription drug costs have increased 5% over the past year and are on track to keep climbing at the same rate or higher—especially given COVID-19 related conditions—until 2024. More than 60% of employers say rising drug and medical spending is not sustainable for their business, according to a recent survey by the National Alliance of Healthcare Purchaser Coalitions.
What factors are driving these soaring costs and what can employers do about it?
First, we'll look at the sources:
- Trends in unsupported pharmaceutical price hikes
- Growth in medication utilization and wasted spending
Lastly, we’ll discuss strategies and solutions employers are using to save upwards of $300 per month per employee in medication spend.
Who should attend:
HR and finance professionals