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Although the vast majority of U.S. employers (88 percent) still rely on traditional plan designs (co-pays and co-insurance) to manage prescription drug costs, many are ready to focus on new and novel approaches. That’s the chief takeaway found by the Midwest Business Group on Health (MBGH), a nonprofit business coalition, in its fourth annual
Employer Survey on Specialty Drug Management.
The survey, fielded from December 2014 through February 2015, found that:
*68 percent of employers are considering
using a narrow network to manage employees’ health care, while less than 10 percent currently offer one.
“These results are an encouraging sign that employers are ready to think proactively about their cost-management options,” said Cheryl Larson, MBGH vice president, in a news release. “It is also a reminder of the impacts cost-shifting can have on employees and family members, yet most employers don’t feel they have a choice.”
Stephen Miller, CEBS, is an online editor/manager for SHRM.
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