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Managing employee benefits: How to combat rising pharmacy costs

We'd like to extend a big thank you to our guest blog contributor - Higginbotham

Prescription drug costs have become a key issue for both workers and their employers. According to the CDC, 60 percent of U.S. adults between the ages of 18 and 64 were prescribed medication during the previous 12 months. This means that the majority of your workers are likely taking at least one prescription, possibly more, during the average year.

As prescription costs continue to rise, controlling this expense is becoming more and more important. Luckily, there are several strategies that employers can use.

Tags: PBM, Pharmacy Benefits Manager, Drug Plan, Benefits, Pharmacy Costs, Employee Benefits

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