2015 Pharmacy Savings Opportunities
Pharmacy costs increased 7.1% in 2014 vs. 2013 largely due to high cost specialty medications and drug price increases. Although the trend is predicted to increase for 2015, here are some considerations for cost-savings:
1. atorvastatin, ~$33 per script or simvastatin, pravastatin vs. Crestor, ~$166 per script. Potential savings of $177,000.
2. QVAR or Pulmicort steroid inhaler,~ $140 per script vs. Flovent, ~$167 per script. Potential savings of $17,000.
3. Recommending OTC (over-the-counter) products such as: Flovent Allergy OTC or Nasacort Allergy 24 HR. Potential savings of $28,000.
See attached 2015 NEPHO Pharmacy Opportunities for more information.
|