2017 Rx trends expected to be in double digits

[Big_Hitter]

https://www.segalco.com/media/2716/me-trend-survey-2017.pdf

Sorry, I can't cut and paste from the pdf so no snippet. Note active trends and early retiree trends are typically the same....

 

[DatumPoint5]

Snippet from top of the article.......

 

[Options]

The information regarding specialty drug pricing is...scary. See this for their projections in action:

Specialty Drug Costs Soar 30% For California Pension Fund | California Healthline

Specialty drug costs jumped 30 percent last year to $587 million for the California Public Employees’ Retirement System, one of the nation’s largest health care purchasers.

Though they amount to less than 1 percent of all prescriptions, specialty drugs accounted for more than a quarter of the state agency’s $2.1 billion in total pharmacy costs. Those overall drug costs have climbed 40 percent since 2010.

The new figures show just how much financial pressure many employers and government agencies face from rising drug costs and why it’s become such a hot topic in California politics and on the presidential campaign trail.

However, what can't continue, won't:

Poll Finds Majority Of Americans Want Restraints On Drug Prices | California Healthline

An overwhelming majority of Americans favor government action to restrain prescription drug prices, according to a poll released Thursday.

Eighty-two percent of those polled said they want Medicare to negotiate prices with the companies, which Congress does not allow. Seventy-eight percent favored limiting the amount companies can charge for high-cost drugs, such as those that fight cancer or hepatitis, according to the poll from the Kaiser Family Foundation. And more than two-thirds want to let Americans buy drugs imported from Canada. Support is strong no matter the political party.

 

[travelover]

However, what can't continue, won't:

Yea, but pigs at a trough will gulp all they can before the farmer takes it away.