Insurers are projecting significant jumps in pharmacy expenses this year, driven primarily by specialty drugs.
Overall pharmacy costs, including specialty drugs, are expected to increase 10% this year, up from 6.3% last year, according to a recent survey of 60 health care vendors from Aon plc. Even more dramatic, the costs for specialty drugs alone are expected to increase 22.7% this year, up from last year’s increase of 18.2%, the survey found.