Health Insurance Daily

Lean Budgets Put The Spotlight On Rx Drug Plans

“While the cost of prescription drug coverage varies widely, 30%, or the largest group of respondents, said pharmacy benefits represent between 11% and 15% of total health care costs,” says Michael Jacobs, a principal and national clinical practice leader at Buck Consultants. “This is down from last year’s survey, when the largest group indicated their drug benefits made up between 16 % and 20% of total health care costs,” he adds. The decrease may stem from more expensive brand medications moving off-patent and being replaced by lower-cost generics.

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posted by Mike @ 6:18 AM