It's Time for Employers to Address the Shifting Burden of Prescription Drug Costs

Topics:
Accounting software,
Healthcare Services,
Pharmeceuticals
Tags:
Benefits,
Software,
Prescription,
Payroll Solutions,
Mercer Human Resource Consulting,
Human Resources,
Healthcare,
Health Care,
Government,
Enterprise Software,
...
Source:
Mercer Human Resource Consulting

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Overview: It is not news that rising health care costs are a major concern of Canadian governments and employers. The number of retail prescriptions dispensed to Canadians will approach 400 million this year. The cost of these prescriptions will top C$17 billion. The Biological Industry Organization (BIO) estimates that approximately 350 new biological drugs are in the late stages of development and will impact the market by 2006. This article explores how governments have approached cost containment and how employers' plans are being impacted.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Date: Jun 2005 | Pages: 2

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