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
- Kentucky Governor ‘Not Satisfied’ With Medical Marijuana Access Rollout, But Expects Pace to ‘Pick Up Significantly’ In 2026
- CDL Drug Testing Faces Uncertainty After Trump Executive Order
- The AI Paradox in Candidate Screening and Vetting
- Indiana Employers Face Yearlong Public Works Contract Ban Under Immigrant Work Eligibility Bill
- Dewine Signs Employment Eligibility Law
Categories
- Artificial Intelligence Fraud (3)
- Background Check Compliance (107)
- Background Check Laws (67)
- Background Screening (54)
- Biometric Identification (8)
- Consumer Financial Protection Bureau (2)
- Credit Checks (33)
- Criminal History Check (192)
- Data Protection & Privacy (123)
- E-Verify Issues (82)
- Education Verification (9)
- Educational and Childcare Hiring (28)
- EEOC (52)
- Employer Negligence (37)
- Employment Screening (142)
- Fair Credit Reporting Act (110)
- Featured Posts (1)
- Financial Services Hiring (11)
- Healthcare Hiring (12)
- Hiring Legal Compliance (3)
- Home Services and Repairs Hiring (6)
- Human Resources & Benefits (26)
- Immigration Issues (99)
- IT and Data Security Hiring (12)
- Medical & Pharmaceutical Industry Hiring (15)
- Occupational Fraud (24)
- Pre-employment Drug Testing (198)
- Public Safety Hiring (1)
- Retail Hiring (14)
- Security Services Hiring (3)
- Social Media (32)
- Transportation Industry Hiring (23)
- Uncategorized (1)
- Wage History Checks (4)

