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Prescription Drug Trends Projected to Reach Double Digits in 2016
Segal Consulting Link to more items from this source
Sept. 25, 2015

"Trend rates for health maintenance organizations (HMOs) and open-access preferred provider organization (PPO)/point-of-service (POS) plans -- the two most common medical plan types offered -- are projected to differ by 1 percentage point: 6.8 percent for HMOs and 7.8 percent for PPO/POS plans. Trend rates for prescription drug coverage are expected to be significantly higher in 2016: 11.3 percent for carve-out coverage for actives and retirees under age 65 and 10.9 percent for retirees age 65 and over. Both projections are roughly 3 percentage points greater than projections for 2015."

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