HOME >> MEDICINE >> NEWS
Express Scripts 1999 drug trend report: Seniors hit hardest by record 17.4-Percent prescription drug spending increase

nts in the pharmaceutical landscape. Conference attendees are also learning how cost increases can be significantly lowered by proactively managing the pharmacy benefit; some Express Scripts clients that actively manage their pharmacy benefit program have actually cut their trend in half.

The Express Scripts 1999 Drug Trend Report showed that price increases were a major factor, accounting for nearly a third of the hike in drug spending. The top 50 common branded drugs, ranked by prescriptions filled, had price increases from zero to 15.6 percent between 1998 and 1999.

New drugs played a small but significant role last year, due to the unprecedented rapid adoption of the COX-II anti-rheumatic medications Searle's Celebrex and Merck's Vioxx. "Typically, the cost impact of new drugs is initially felt in the second or third years after their introduction, but these drugs clearly were exceptions last year," explained Toan.

"As we look to the future, new drugs are expected to play an even greater role in future cost acceleration as the Human Genome Project draws toward completion," said Toan, noting that the genome project already is contributing to a remarkable acceleration of drug discovery. According to the Express Scripts 1999 Drug Trend Report, "The number and therapeutic promise of such innovations are exciting. However, the cost of these technological advances will likely be high."

Common drug utilization, which most closely reflects the impact of direct-to-consumer advertising, once again played a major role in the overall cost increase, nearly doubling in its impact on the total spending increase to 6.2 percent in 1999 from 3.8 percent in 1998. "Unlike price increases, which seemed to affect all drug classes broadly, the impact of increased utilization was concentrated in the most popular therapy classes. Americans are using more of the drugs they already use the most," said Toan. The biggest cost-increase impact due to greater utiliza
'"/>

Contact: Ryan Soderstrom
rsoderst@express-scripts.com
612-837-5160
Kupper Parker Communications
26-Jun-2000


Page: 1 2 3 4

Related medicine news :

1. New evidence about positive three-tier co-pay performance presented at Express Scripts 2000 Outcomes Conference
2. Tracking trends in cochlear implant complications using a federal database
3. Changing trends in herbal supplement use
4. New figures highlight trends in drug and alcohol misuse
5. Study of trends in celiac disease
6. Different approaches required for monitoring suicide trends
7. Screening for depression at primary level could be next trend in healthcare
8. Study identifies trends in self-referred imaging
9. First quarter prescription drug spending: Generic drugs slow upward trend
10. Why trends in stroke death in 20th century appeared different to death from heart disease
11. CDC reports latest syphilis trends in United States

Post Your Comments:
(Date:2/27/2015)... (PRWEB) February 27, 2015 The federal ... ) that allege use of the statin medication can ... has issued a new order pertaining discovery in the ... Bernstein Liebhard LLP comments. The Order, which was issued ... on February 25th, directs the parties to schedule certain ...
(Date:2/27/2015)... 27, 2015 On February 24 2015, Harper’s ... Botox ,” that details the development of RT001, a ... its way through FDA trials. For those afraid of needles, ... very attractive. Of course, if the drug ultimately gets FDA ... physician’s office. (see: goo.gl/PQvQwk) , “As the article notes, the ...
(Date:2/27/2015)... The winter season is here, and with it ... grows, it can be harmful to the home and to ... of mold growth with the help of Enviro-Test. Enviro-Test, the ... the best ways to prevent mold during the winter months. ... for mold to thrive. Mold must be removed properly, otherwise ...
(Date:2/27/2015)... (PRWEB) February 27, 2015 Florida Hospital ... The Guidelines - Stroke Gold Plus hospital. In order ... 85-percent or higher adherence to all Get With The ... more consecutive 12-month intervals and achieved 75-percent or higher ... - Stroke Quality Measures. These are reporting initiatives to ...
(Date:2/27/2015)... The Nashville periodontist office, Advanced ... rising freshmen undergraduate students. , The Advanced Institute for ... many periodontal procedures such as dental implants , ... . In honor of their 25th anniversary, AIOH has ... freshmen undergraduate students. , Students interested in the ...
Breaking Medicine News(10 mins):Health News:Federal Lipitor Litigation Issues New Order Pertaining to Discovery in Bellwether Cases, Bernstein Liebhard LLP Comments 2Health News:Federal Lipitor Litigation Issues New Order Pertaining to Discovery in Bellwether Cases, Bernstein Liebhard LLP Comments 3Health News:Is Topical Botox the Next Big Thing? 2Health News:Enviro-Test Offers Tips for Winter Mold Prevention 2Health News:Florida Hospital North Pinellas Receives Get With The Guidelines - Stroke Gold Plus Quality Achievement Award 2Health News:Nashville Periodontist Office AIOH Announces 2015 Scholarship 2
(Date:2/26/2015)... 2015  AbbVie (NYSE: ABBV ) ... its neuroscience and oncology development programs have been ... American Academy of Neurology annual meeting in ... The accepted abstracts feature results from studies evaluating ... treatments in AbbVie,s pipeline. Presentations will include Phase ...
(Date:2/26/2015)... , Feb. 26, 2015  IRIDEX Corporation (NASDAQ: ... fourth quarter and full year 2014 financial results after the ... conjunction with the release, the Company will host a conference ... Time on Thursday, March 5, 2015 to ... Interested parties may access the live conference call ...
(Date:2/26/2015)... -- Mail-service and specialty pharmacies will save ... plans $23.3 billion over the next decade, according ... Association (PCMA). "Home delivery of traditional ... ways to reduce health costs," said PCMA President ... resist efforts to restrict these cost-saving tools." ...
Breaking Medicine Technology:AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 2AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 3AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 4AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 5AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 6AbbVie's Ongoing Research in Neuroscience and Oncology will be Featured at the 2015 American Academy of Neurology Annual Meeting 7IRIDEX Announces Fourth Quarter and Full Year 2014 Conference Call and Release Date 2PCMA: Report Shows High-Tech Specialty and Mail-Service Pharmacies Will Reduce Costs for Texas Employers, Consumers and Public Programs by $23.3 Billion 2
Cached News: