News

  • February 27th, 2024

    Introducing a Public PBM with a Canadian Rx Program

    Introducing the first of ever solution to controlling the spiraling high cost of drug prescriptions for public organizations with at least 3,000 members and offer a self-insured health plan.  By combining the services of ArrayRx, the only Public PBM in ...

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  • February 19th, 2024

    Recent News on the rise of Drug Prices

    CNBC reported that Tyson Foods dropped CVS as their pharmacy benefit manager as upheaval over cost concerns spread. This is in order to set some cost containment for their 140,000 employees.  At Apollo Vanguard, we are carving into the specialty ...

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  • February 14th, 2024

    Big Pharma raised prices on 1,450 drugs

    Last year Big Pharma raised prices on 1,450 drugs as seen from linked article: https://www.fiercepharma.com/pharma/ira-inflation-price-caps-loom-pharma-kicks-2024-hundreds-price-hikes-report. It is expected that it will be similar this year, with a range of 5% to 10% increases. Most prices are felt ...

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Healthcare cost is close to 18% of Gross Domestic Product (GDP) and a very good portion of that cost are prescription drugs. Normal inflation for the past 10 years has been 1.9% while Prescription Drugs alone have skyrocketed to over 15%.

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