Employer-Paid

About 70% of 340B participants have complied, the company said in its letter, adding that it has sent two follow-up letters to the approximately 1,000 covered entities that have not.

A reference-based-price plan will have to post its prices on an easy-to-find and easy-to-understand website.

Another Lockton sponsor survey finding: "Name your own price" plans are much more common than ICHRAs.

As seen during March's market decline, participants largely avoided sweeping changes despite heightened uncertainty. The April rebound shows that discipline carried forward as markets recovered.

Lifetime prices for the same drugs fell an average of 13% across 19 comparable high-income countries.

Completing a single drug prior authorization can take up to 64 minutes and add more than $60 in costs.