Pharmaceuticals are the biggest driver for increased health care costs, and in recent years, prescription drug costs have been skyrocketing.
This can have a significant effect on the various stakeholders in the health care system. Cost increases to employers and other plan sponsors over the past several decades have resulted in increased cost sharing and increased member contributions to premiums.
For members, increased cost sharing and ultimately higher out-of-pocket costs leads to poor medical adherence, which contributes to more than $500 billion in avoidable health care costs, around 125,000 potentially preventable deaths, and up to 25% of hospitalizations in the United States.
Employers and plan sponsors play a critical role in determining the extent of coverage and ultimate health care costs for both their employees and their business.
The good news? There are effective cost-control strategies.
In this webinar, you can learn:
The cause of skyrocketing prescription drug prices and its impact on employer-sponsored health plans
The future of prescription drug price transparency and it’s potential to lower overall cost
An affordable and simple solution to increase adherence and lower costs for employers and employees
Watch the recording today and take the first step toward achieving affordable health care for employers and employees alike.