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NEW YORK, June 1 | Wed Jun 1, 2011 11:41am EDT (Reuters) – Medco Health Solutions said on Wednesday that the loss of a major pharmacy benefit contract to rival CVS Caremark starting next year did not represent a trend.
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Chronic conditions like diabetes, heart disease, cancer, and autoimmune disorders affect more than 60% of Americans —
With projections indicating that the costs of employer-sponsored healthcare will hit unprecedented levels in 2025
CVS expands their benefits to include voluntary perks like mental health support and caregiving tools.
From 2007 to 2017, consumer costs for prescription drugs grew 40% — to $333 billion. Pharmacy benefit managers can help mitigate this kind of growth if insurers understand how to assess various PBM types effectively.
The drug supply chain is being drawn even more taut, and the power of the big players even greater.
