Research report
Commercial Drug Trends: 2023 release
13 October 2023
Pharmaceutical drug expenditures represent a significant portion of healthcare costs and are a hot topic in the commercial health benefits sector. This report provides insights into pharmacy cost and utilization trends based on our analysis of the Milliman Consolidated Health Cost Guidelines Sources Database.
In this report you’ll find insights on emerging pharmacy trends, including:
- Weight loss drugs
- Antidiabetics
- Biosimilars
- Copay assistance
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About the Author(s)
Commercial Drug Trends: 2023 release
Average wholesale drug prices per member will increase 11% to 19% among commercial health plans from 2022 to 2024, according to our analysis of pharmaceutical spending trends.
Brian Anderson, Rebekah Bayram, Marc Guieb, Niharika Tarimela, Andrew Dressler