Prescription Drug Costs Up 33% in One Year
What’s Driving the Increase and How it Impacts Our Rate Filing
In a climate of sharply higher health care costs under the Affordable Care Act (ACA), one number stands out: 33 percent. That’s how much prescription drug costs under ACA coverage rose in one year, according to a review of Blue Cross and Blue Shield of North Carolina’s (BCBSNC) claims data.
This data from our ACA line of business shows that prescription costs went up more than any other category of medical care in the first half of 2015. The rise in drug costs also outpaced hospital inpatient and outpatient care, as well as doctor visits.
Click here to read more about what’s driving this increase and how it impacts our rate filing.