Prescription drugs can be difficult to manage in a plan, especially if you don’t have a good grasp of all the related metrics.
- Do you know what you’re spending on every member in a year?
- How do your Rx numbers compare to our database?
- Do you know what’s causing the changes in your drug costs year-to-year?
There are several strategies and tools employers can deploy to mitigate rising prescription drug costs. But first you need to track these numbers to get at the root cause.
Let us know if you would like to learn more about how to improve your score in this area.
*From Chelko Consulting Group’s proprietary database of employer results.
“Keeping Score” is an ongoing series where we share findings from our work on employer-sponsored health plans, so you have the opportunity to compare how your plan is performing relative to others. We hope you find it beneficial. Because, after all, you can’t manage what you don’t measure.