Spending on specialty drugs continues to grow, driven mostly by more people using them, but also by increasing prices.
Specialty drug spending jumped 14.1% year over year with 9.9% attributed to the number of claims, but the remaining 3.9% attributed to increased costs per claim, according to Pharmaceutical Strategies Group’s seventh annual Artemetrx State of Specialty Spend and Trend report.
While the increases are still caused by more claims and more people using specialty drugs, the percentage attributed to the cost of the drugs grew more year over year.
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