High Costs and Medication Non-Adherence Can Hurt
The current prescription drug pricing model has little to no transparency, and non-adherence or avoidance are hindering positive health outcomes while driving up the cost of care. People can’t budget for or afford the drugs they need — an estimated 26% of first-time-refills with a copay are abandoned. For those living with a chronic condition, the cost-barrier can be dire.
For companies and organizations, it becomes an even bigger issue as costs continue to rise.
The price of new drugs in the U.S. have climbed for more than a decade
Medication non-adherence is common and costly
Pharmacy benefits management can be a pain for HR and benefits managers