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Prescription Drug Price Hikes: Searching for that Elusive Cure
Bloomberg BNA Link to more items from this source
Apr. 7, 2016
"The high cost of prescription drugs has employers and a leading health insurance provider taking action to try and rein in drug prices. Health insurer Anthem Inc. filed a complaint against its pharmacy benefit manager, Express Scripts Holding Co. in March.... 20 large companies that provide health care benefits for about four million people are forming a coalition to combat the rising costs of health care, including prescription drug costs.... Prescription drug spending rose from 1.6 percent in 2013 to 11.4 percent in 2014, in sharp contrast with the increase of total health spending from 2.1 percent in 2013 to 4.5 percent in 2014."

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