Breaking Free From Hospitals’ Location-Network Chokehold
In real estate, the three things that matter most are: location, location, location. The same goes for healthcare. We don’t often think about it, but where we receive our care makes a huge difference in the level of care we receive and the price we pay. …
Why Building A More Complex Plan May Lead To Better Advocacy
Healthcare should be simple, right? Providers have been pushing this message for years and constantly redesign their plans to make it easier for members to access healthcare. And to a degree, they’ve been successful. At this point, if we have insurance, most of us don’t even …
Cost vs. Quality: Understanding This $100,000 Myth
When it comes to your health, how do you really know you’re getting the highest quality healthcare? Many people tend to believe that the more expensive a product or service, the better it must be -- think cars, restaurants, jewelry, or just about anything really. This …
Infographic: THB’s Rx Cost Analysis
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Take a look at the Rx costs over the past few years and try to imagine the overall financial impact to your company's and employees' bottom lines. …
What is International Sourcing?
With pharmacy expenditure topping $358 billion in 2020, employers are desperately searching for ways to efficiently reduce their Rx spend. International sourcing is a method that has been used on a personal level for many years. However, many U.S. businesses are starting to employ this …
Do Patient Assistance Programs Work?
U.S. businesses continue to spend a monumental amount of capital on specialty drugs for their workforce. In fact, specialty drugs were estimated to represent about 50 percent of total Rx spend in 2020, with inflation of about 23 percent from the year before. Despite these …
How Rebates Are Driving Up Drug Prices
Similar to manufacturers of consumer product goods, many drug manufacturers offer rebates to lower the overall cost of the medication they produce. Instead of offering these rebates to you directly, however, pharmacy benefit managers are often the only ones on the receiving end of these …
Video: The Real Price Of Your Prescriptions
This video from Altiqe Consulting breaks down Rx spend in a way that makes sense. But what doesn't make sense is where this money is really going. …
Infographic: A Growing Rx Cost Crisis
What do the numbers 600, 50, and 90,500 all represent? These are all multipliers and raw growth numbers for the surge in demand for telemedicine access during the onset of the pandemic in the United States. Take a look at AHIP's breakdown of the numbers and …
Rx Patient Assistance Programs Revisited
Employers continue to spend a monumental amount of capital on specialty drugs for their workforce. In fact, specialty drugs were estimated to represent about 50 percent of total Rx spend in 2020, with inflation of about 23 percent from the year before. Despite these prescriptions …
