03 Nov Trends at a Glance: Prescription Drug Plans
Always mindful of the exponential increases in prescription drug costs, particularly for chronic conditions and specialty care, employers and carriers alike continue to seek ways to mitigate these costs in order to hold premiums in line.
Data within this Trend at a Glance is based on the 2020 UBA Health Plan Survey and are based on responses from 11,788 employers sponsoring 21,980 health plans covering 1,366,186 employees nationwide. Reseco Insurance Advisors is a member of United Benefit Advisors (UBA) and by using this data, we can help employers more accurately evaluate costs, contrast the current benefit plan’s effectiveness against competitors’ plans, and adjust accordingly. This gives employers a distinct competitive edge in negotiating rates—and recruiting and retaining a superior workforce.
Do You Know If Your Organization Is In Line With Others In Your Industry? Do You Know Where You Stand In Employee Benefit Offerings? Find Out By Submitting Your Information To Receive Your Complimentary Health Survey Results.
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