Prescriptions used to make up approximately 32% of a company’s total healthcare expenses. Over the last few years, we have seen this percentage of the employee loss ratio climb to as high as 55 percent.
Certain medical conditions have high financial exposure which is often due to the cost of the prescription drugs used to treat or maintain the disease. These conditions include back problems, accident (with residual injury), rheumatoid arthritis, MS, cancer, diabetes and lupus.
Statistically, diabetics are very likely to have a big event, with heart attacks being the most common.
What follows is information concerning the medical conditions and the cost of prescription medications in a company with 35 employee participants and their dependents. Please note: the majority of the medications used by the employees were generic and many were on the $4 drug list. Below are the higher-cost medications being used by employees. This information was compiled over the past two years, the group’s prescription drug use has grown from 22 percent of its total medical costs to 35 percent.
- Abilify ($24.17)
- Absorica ($1,720.00)
- Adderall ($38.16)
- Advair ($400.00)
- Apriso ($460.15) Colon Polyps
- Creon ($541.63) Enzyme Replacement
- Edluar ($387.97)
- Enbrel ($4,846.45) Rheumatoid Arthritis
- EPI pen ($147.94)
- Evekeo ($2,347.62) ADHD
- Farxiga ($469.82) Diabetes
- Fentanyl ($45.82) Pain
- Flovent ($241.48) Asthma
- Humalog 150 ($560.00)
- Humira ($4,846.48)
- Hydrocodone ($18.81)
- Imitrex ($11.09) Migraines
- Imitrex Statdose ($69.98) Migraines
- Januvia ($435.00) Diabetes
- Januvia 100 ($450.00)
- Kombiglyze XR ($394.52) Diabetes
- Lantus ($278.29)
- Latuda ($1,223.39)
- Lyrica ($451.32)
- Lovaza ($69.34) Heart
- Novalog Flexpen ($537.04) Diabetes
- Novalog 70/30 ($560.00)
- Oracea ($263.49) Antibiotic
- Oxycodone ($27.60)
- Percocet ($23.46) Pain
- QVAR Discontinued by Mfgr.
- Strattera ($104.40) ADHD
- Symbicort ($333.46) Asthma
- Tradjenta ($356.50)
- Trisiba ($466.92) Diabetes
- Univasc ($50.01) HBP
- Victoza 3-Pack ($809.57) Diabetes
- Ventolin ($60.00)
- Vyvanse ($301.48) ADHD
- Welchol ($614.63) Diabetes
- Zetia ($11.65) Diabetes
To find the cost of your prescription use the CleverRx app or visit www.cleverrx.com.You will be asked for a group ID: 7056 and a
Member ID: 1000