Recent News on the rise of Drug Prices

Published February 19th, 2024 by Devteam

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 name brand prescription offer that cuts away much of the prescription expenses seen by the self-insureds. The Rx List will give you targeted prescriptions for immediate savings! Send me what you have identified and I can assist you with the rest.

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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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