More than half of large employers in 2016 will aim to more tightly manage employees’ use of high-priced specialty drugs, one of the fastest-growing expenses in their health plans. Despite those efforts, companies still expect the cost of specialty drugs that are carefully administered to treat conditions such as cancer, HIV and hepatitis C to continue rising at a double-digit annual rate — well ahead of the pace for traditional pharmacy drugs or companies’ overall spending on health benefits, according to the National Business Group on Health. The group released a survey that found 55% of employers next year plan to direct employees to specialty pharmacies if they need drugs that can cost thousands of dollars for a single treatment. That share was up from a third in the group’s survey a year ago on companies’ plans for 2015 health plans.
Hiring Tips Blog

Large Employers Planning to Tightly Manage Employee Use of Expensive Drugs
Sep 1, 2015 | Human Resources & Benefits
Recent Posts
- U.S. District Judge Upholds Federal Preemption Over Minnesota State Drug Testing Law
- Mississippi: Indian Tribe Approves Referendum Regulating the “Possession, Production, and Distribution of Marijuana on Tribal Lands”
- Your Breath May Be Your Next ID: Study Says Nasal Patterns are as Unique as Fingerprints
- Robert Half Settles Background Check Suit for More than $2.2M
- Job Seeker Says Paycom Background Check Included Twin Brother’s Charges
Categories
- Background Check Compliance (102)
- Background Check Laws (59)
- Background Screening (43)
- Biometric Identification (4)
- Consumer Financial Protection Bureau (1)
- Credit Checks (32)
- Criminal History Check (180)
- Data Protection & Privacy (100)
- E-Verify Issues (74)
- Education Verification (7)
- Educational and Childcare Hiring (28)
- EEOC (48)
- Employer Negligence (36)
- Employment Screening (136)
- Fair Credit Reporting Act (109)
- Featured Posts (1)
- Financial Services Hiring (11)
- Healthcare Hiring (2)
- Hiring Legal Compliance (2)
- Home Services and Repairs Hiring (6)
- Human Resources & Benefits (26)
- Immigration Issues (87)
- IT and Data Security Hiring (11)
- Medical & Pharmaceutical Industry Hiring (9)
- Occupational Fraud (11)
- Pre-employment Drug Testing (186)
- Retail Hiring (14)
- Security Services Hiring (3)
- Social Media (32)
- Transportation Industry Hiring (20)
- Uncategorized (1)
- Wage History Checks (4)