High (specialty drug costs for treating some chronic conditions can be as high as $1 million annually for a single plan member) and rising specialty drug costs have become the most important health plan cost driver for many employer groups. The entry of these drugs into the marketplace has raised important economic, health, and ethical questions for all health plans.
In this Webinar, Dr. Bruce Campbell will review:
1. The clinical effectiveness of commonly used specialty drugs;
2. The cost impact of these drugs, including ROI estimates and future cost projections;
3. The FDA specialty drug approval pipeline;
4. Ethical issues surrounding the financing and use of these drugs;
5. Current options for managing costs and ensuring the appropriate use of these drugs.
After this webinar, employers will have a better understanding of specialty drug use, the drug release schedule, and most importantly practical action steps to control costs without adversely affecting members’ health and prognosis.
This webinar is eligible for SHRM, HRCI, and CEBS credits.