As prescription drug costs continue to increase, it is important for employers to understand the trends behind prescription drug costs and what they can do to better manage their health care expenses.
In 2013, the United States spent $329.2 billion on prescription drugs—eight times more than the $40.3 billion spent in 19901. Although prescription drug spending has historically been a small proportion of national health care spending compared to hospital and physician services, in recent years, it has grown rapidly.
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