Tag: prescription drugs

The Rising Costs of Specialty Drugs

Blue U.S. map with prescription pills spilling out of a pill bottle onto the map.

Prescription drugs, at times, are necessary, whether being used to fight off an ongoing infection or treat a chronic condition. Though generic drugs are affordable for most of the population, brand-name drugs often cost markedly more. That’s not factoring in the fact that the cost of many popular brand-name drugs doubles every seven to eight […]

New Approaches to Managing High-Cost Drugs

Prescription drugs are critical to any effective healthcare system, but in the U.S. they are also a growing financial burden on patients, employers and care providers, many of whom struggle to keep up with their high costs. According to separate reports from the Medicare Payment Advisory Commission and the IMS Institute for Healthcare Informatics, prescriptions accounted for a […]

PBMs: Past, Present and Future

Not every aspect of the shifting health care market is clear, but one thing is for certain: The importance of pharmacy benefit management companies (PBMs) is increasing. Drug prices are rising, and PBMs continue to act as intermediaries between insurance companies, pharmacies and manufacturers to reduce prices for insurers and patients whenever possible. PBMs have […]