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Chronic diseases in America are the leading cause of death and disability, and also one of the most preventable. As health care costs continue to rise, how can employers implement better cost control strategies to balance employee health with benefit expenses?
Did You Know? Generic drugs work the same as their brand-name counterparts. Generic drugs are tested and approved by the U.S. Food and Drug Administration (FDA) so we know they are safe and effective, just like the brand name. Most of the time, generic drugs cost less for you and your health plan. The average cost of a 30-day supply of a brand-name drug is $300, while a generic drug is $30.
An estimated 150 million Americans have employer-sponsored health insurance.[i] What is the complex system under which employer health plans cover the rocketing costs of prescription drugs?