Prime Therapeutics Reports Modest Drug Trend Increases

Prime Therapeutics LLC’s 2019 drug trend report showed single-digit increases for its commercial and Medicare Part D lines of business. Medicaid trend increased 10.2%, with utilization of specialty drugs remaining the largest driver of trend. In all lines of business, utilization of traditional drugs increased at a typical rate of 0.5% to 2.7%. Meanwhile, as brand drugs continued transitioning to generics in both government programs, the unit cost of specialty drugs went down.

© 2022 MMIT
Jinghong Chen

Jinghong Chen Reporter

Jinghong produces infographics and data stories on health insurance and specialty pharmacy for AIS Health. She graduated from Missouri School of Journalism with a focus on data journalism and international reporting. Before joining AIS in 2018, she worked at WBEZ, Al Jazeera English and The New York Times Chinese.

Related Posts

workers-prepping-infusion-drug
May 12

Major PBMs Look Ahead to 2023 for Biosimilars Boom

READ MORE
wall-street-sign
May 12

Centene Plans to Sell Magellan Rx, PANTHERx Rare for $2.8 Billion

READ MORE
pills-and-dollars
May 12

Study: With High Prices, Rebate Revenue Is Growing for PBMs

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today