Why do we need to worry about rising pharmacy costs in the future by making changes today?
The cost per user of these drugs today is disproportionately higher than most medications. The real challenge going forward is to not just control the cost impact of high dollar specialty drugs in the market today, but more importantly to manage the cost of high dollar specialty drugs in the pipeline scheduled to be approved and in the market over the next 2-5 years. Studies show that the increased usage of these genetically engineered (biotech) type drugs brings a sharp rise in drug spending, and the impact will be reflected in drug spending trend. The average cost increase to pharmacy trend today is $.25 pmpm, and is estimated to be $5.00 pmpm to pharmacy trend over the next three years according to research.
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