Solutions for Lowering Prescription Drug Costs
Date: February 2021
Dollars spent per year on prescription drugs by the average American – more than any other country.
Projected growth in retail prescription drug costs from 2020 to 2025, reaching $471B.
Number of Americans who have difficulty affording their prescriptions.
We have ideas.
States that fully leverage PBM capabilities can save Medicaid $112B over the next decade.
Value-based drug payments can save consumers 28%.
Capping drug exclusivity can save Medicare more than $20B over the next 10 years.
We are saving consumers:
Up to $189
per medication annually with discounts at the pharmacy counter.
per prescription fill with PreCheck MyScript.
on retail drugs with Optum's discount card.
per year by combining medical and pharmacy data.