Monday, June 8, 2020

CVS Reports Lowest Drug Trend in Years



Featured Infographic
CVS Reports Lowest Drug Trend in Years
CVS Health Corp.'s 2019 drug trend report shows a 1.4% overall trend, the lowest in five years, and said 41% of its commercial clients saw negative trend. Specialty drugs accounted for almost half of all spending and remained the fastest growing spending category in the pharmacy benefit. Autoimmune treatments, including some of the highest volume medications — Humira, Enbrel, Rituxan and Remicade — comprised a third of specialty pharmacy spending. CVS's Advanced Control Specialty Formulary (ACSF) helped its clients reach -9.4% price growth in the category. As 20 biosimilars are expected to come to the specialty marketplace by 2023, payers may see significant savings, according to CVS.

CVS Reports Lowest Drug Trend in Years
NOTE: CVS’s specialty generics utilization data represents results for commercial clients.
SOURCE: CVS Health 2019 Drug Trend Report. Visit https://bit.ly/36xHZks.
Subscribers may read the RADAR on Drug Benefits article in which this infographic appeared online. 

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