Average cost of specialty drugs
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By Brian Schilling . If the rising cost of specialty drugs is not at the top of your list of health care concerns, it may be soon. Specialty drugs currently account for about 17 percent of the average employer s overall pharmacy costs, and they re rising fast. 1 One of the nation s largest pharmacy benefits managers projects that specialty drug costs will increase annually in the range
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drug costs have increased 22.2% over the last five years and on average, The cost of specialty drugs continues to be a driver of overall health care costs.
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NOTE: Many specialty drugs cost significantly more than the average. For example, hemophilia drugs can cost $60,000-$150,000 per year, and Multiple
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According to an AARP report, the average specialty drug price is For patients who rely on specialty drugs, the ever-rising cost can
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medications. OOP by Specialty. Figure 2: Average drug OOP cost, by drug type and specialty. Source: GoodRx proprietary data for 19 months
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Specialty drugs are defined by CMS as those costing over $8-day supply in 2024. The average annual cost for a specialty drug was more
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National Average Drug Acquisition Cost (NADAC) New Labeler Codes Specialty Drugs State Drug Utilization Data State Plan
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The average annual cost of therapy for widely used specialty drug products was $84,442. Prescription Drug Price Growth. The continued increases
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by SW Schondelmeyer 2024A specialty prescription drug, as defined in the report, is a prescription drug that is: administered by injection; has a total average cost
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