Tuesday, October 3, 2017

A New Normal? 870,000 Americans Used $50,000 Worth or More of Prescription Medicine in 2016


Today's blog features the Express Scripts press release that highlights a few shocking findings. The press release shockingly shows that 870,000 Americans exceeded a yearly medication threshold of $50,000, up 35% from 2014.

"Between 2014 and 2016, the number of people representing annual medication costs of $50,000 or greater increased by 35 percent. In 2016, about 3 out of every 1,000 people in the analysis accounted for more than 20 percent of total pharmacy spending.  Extrapolating these data to the U.S. population, an estimated 870,000 Americans accounted for $80 billion of 2016 U.S. pharmacy spend." 

There's much more on this topic. To read the full press release, please click HERE!


HORIZON Health Ventures is a healthcare cost management solutions company used by insurance brokers, employee benefit consultants, third-party administrators, insurance companies, and associations, to bring proven thought leadership and strategy to the management of their clients healthcare costs. To learn more about HHV and their services, please visit http://horizonhealthventures.com/      

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