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The following are very important facts that help illustrate
the extraordinary growth of the pharmacy benefit programs cost:
Increases in number
of prescriptions per user: 38.4%
Increases in number of days
per prescription: 19%
Increases due to substitution
of newer, more expensive drugs for existing drug therapy: 17.2%
Number of new users (individuals
not previously treated by prescription drugs): 14%
Increases in price: 4.4%
Interactions: 7.0%
Lack of controls or auditing
systems in place: approximately 20%
Drugs introduced after 1996
account for about 1/3 of the increase
in prescription drug expenditures from 1996-1999.
The proportion of persons with
medication expenditures greater than $2,000
per year has nearly quadrupled, from 1.3 percent
of the population to 5.3 percent!
These dramatic facts urge plan sponsors to -now more
than ever-manage their pharmacy benefits through formal reviews
and analysis. These detailed audits can reveal essential information
about your program¹s actual cost-efficiency and may result
in substantial savings for your company.
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