Getting Creative in Combating Rising Specialty Drug Costs

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High cost drugs are the most significant cost driver in healthcare today. Because of their therapeutic value (they cure illness), it is very difficult to manage the cost of these specialty medications. Prior approval, quantity limits and high cost-sharing have proven to be among the most effective utilization mechanisms. A study published in The Journal… [Read More]

Why I’m Pessimistic about Another Healthcare Consortium

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Last Thursday, The Wall Street Journal published an article about a group of 20 major employers covering 4 million members, who were “banding together to use their collective data…in a bid to hold down the cost of…health-care benefits.” The effort was motivated by the health policy think tank, American Health Policy Institute, to study the… [Read More]