While pharmacy benefits utilization was roughly the same during the first half of 2014 for individuals enrolled in public health insurance exchanges and traditional insurance market plans, a new analysis shows the utilization of specialty drugs is much higher in the HIX marketplace.
Employing a proactive strategy to address the explosive costs of specialty medications can serve the patients who need those specialized meds, with an unbelievable 63% increase in costs expected in the next two years.
A new self-service tool for employers and brokers aims to make the RFP process for pharmacy benefit plans a little easier.
In an era when health care consumerism is being touted as a game-changer for employer-sponsored benefits, offering employees a variety of choices when it comes to how and where they fill their drug prescriptions is an important satisfaction driver.
Apple's new watch shows promise to improve medication adherence by tracking when medications should be taken and sending a reminder to an individual who is wearing the watch.
Several factors, including the economy and technological advances, are contributing to a slowdown in the health care cost growth rate in the U.S., studies show.
CVS Caremark Corp. halted sales of tobacco products almost a month ahead of schedule, started a smoking-cessation campaign, and changed its name to position itself as an advocate of better health.
Providers of prescription drug discount cards are increasing their efforts to reach out to employers, even as the Affordable Care Act is expected to decrease the ranks of those most likely to use the cards those without health insurance.
With specialty drugs expected to reach as much as half of total drug expenditures within the next few years, pharmacy benefit manager CVS Caremark has launched a new program designed to make the process of filling specialty medication prescriptions easier for plan members.
Eliminating drug plan copays for specific, targeted groups of patients is an easy administrative fix employers can implement to help reduce disparities in care, says the co-author of a study on reducing ethnic disparities in cardiovascular care.
Employees enrolled in a zero copay program for their diabetes and high cholesterol drugs had better adherence to those medications than employees not enrolled in the program, according to a recent retrospective case comparison study from Walgreens.
Pharmacy benefits are typically the most utilized benefit by plan members and one of the fastest-growing in terms of cost. Consequently, selecting the right pharmacy benefit manager is a critical decision in managing a plan and determining member satisfaction with that plan.
Overall spending on traditional prescription drugs mostly pills used to treat common conditions such as high cholesterol and depression will decline 4% by the end of 2015, largely because of the availability of generic medications, according Express Scripts. Here are 10 of the top brand-name drugs that had generic equivalents become available in 2013 or are expected to have generics available this year, courtesy of Express Scripts.
Overall spending on traditional prescription drugs -- mostly pills used to treat common conditions such as high cholesterol and depression -- will decline 4% by the end of 2015, largely because of the availability of generic medications, according Express Scripts. Here are 10 of the top brand-name drugs that had generic equivalents become available in 2013 or are expected to have generics available this year, courtesy of Express Scripts.
The number of Americans using medication to treat attention deficit hyperactivity disorder rose 36% in five years, totaling more than 4.8 million privately insured individuals in 2012, according to a recent report from pharmacy benefit manager Express Scripts.