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Index/HR/Healthcare on the Rocks
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The Ongoing Burden of Specialty Drugs - What Drives It and What You Can Do About It - Janet Young

Healthcare on the Rocks · 2022-04-24 · 23 min

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Topics in this episode

Specialty drugsHumirabiologic drugsbiosimilar drugsgeneric drugs

Episode notes

Specialty drugs are playing a significant role in the increasing healthcare costs in the commercial market. In this third episode of a mini-series based on the 2022 Employee Health Trends report , Janet Young, M.D., Lead Clinical Scientist at Springbuk and co-author of the report, talks about which specialty drugs are driving the most cost and alternatives that benefits leaders can explore. Discover why one condition has a relatively small percentage of people receiving a specialty drug, but that is still drive a large dollar value of spending, and hear which conditions our data scientists expect to drive growth of specialty drug use over the next couple of years. Get tips for how employers can reduce costs on specialty drugs without reducing efficacy, including looking at where the drugs are administered. And learn the steps employers can take now to increase adoption of lower-cost alternative drugs and to ensure they are able to reap cost savings as new biosimilars come into the market over the next two to three years. Listen as Janet provides recommendations for both employers and their employees.

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