How can an employer determine if specialty pharmacy is right for his or her company?
Illnesses that are advanced need advanced medicine. Specialty pharmacy drugs are going to become mainstream. Eventually, all employers will have employees that need this form of medication. Specialty pharmaceuticals only make up about 8 percent to 10 percent of the total amount spent on drugs. However, costs associated with specialty drugs are increasing at an average of 20 percent to 25 percent because numerous types of drugs now in the (Food & Drug Administration) pipeline will be approved over the next few years. In addition, several drugs already on the market are being approved to treat more aliments than originally designed. Should employers work this plan into their budget and company? It is important for employers to look at the long-term investment instead of the dollar amount. The key to the program is better patient care. Hepatitis C is a condition where patients have to take a medication for a period of time to potentially rid themselves of the condition. If someone were ca
