Tuesday, August 8, 2017

Generics Still Deliver Value

Today we're sharing an article out of Express Scripts that highlights the value of generic drugs. This medications continue to deliver value at cost-effective prices. According to the Express Scripts Prescription Price Index, the average price for the most commonly used brand-name drugs has increased 208% since 2008, while generic drug prices overall have declined.


Express Scripts writes, "By negotiating with drug makers on behalf of 83 million Americans, we have better leverage to reduce generic prescription drug prices for patients. This contributes to the tremendous amount of competition and pressure among generic pharmaceutical manufacturers to provide better pricing." 

Learn more on this topic by reading the full article HERE

Performance Pharmacy Solutions (PPS) is a unique pharmacy benefit procurement platform developed by HORIZON Health Ventures to efficiently and effectively place, manage and oversee our self-funded client's pharmacy benefit management programs. The PPS platform provides turnkey solutions with proven market-leading PBM partners that offer, on average, 10-15% savings. 

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