Coins and pills on a scale More than half of companies that spend $5 million or more on pharmacy benefits each year budget for 6% to 10% annual increases, which is a potential hike of more than a half-million dollars a year. (Image: Shutterstock)

Employers often overlook pharmacy benefit costs when seeking ways to hold the line on expenses, a new survey finds. Scripta, a cloud-based health-care IT solution in Wellesley, Mass., surveyed 77 human resources professionals at self-insured companies in August.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.