Nine Things to Know From CVS Health Drug Trend Report

1. CVS drug price growth was 0.2%, plus 1.7% utilization cost growth yielding a total drug trend increase in 2017 of 1.9%.
2. Manufacturer AWP inflation rates were 9.2% for traditional brands, 8.3% for specialty brands, and 0.4% for generics.
3. The CVS generic dispensing rate was 86.1%.
4. CVS traditional and specialty brands accounted for 14% of prescriptions dispensed, but 69% of pharmaceutical spend.
5. CVS specialty trend consisted of 3.7% price growth plus 9.2% utilization cost growth for a total 12.9% 2017 specialty trend.
6. CVS gross client costs pmpm were 108.42 pmpm in 2017 compared to $104.10 in 2016.
7. CVS Clients with managed formularies, costs were $88.94 pmpm compared to $87.43 pmpm in 2016.
8. CVS clients with a managed formulary clients had a 1.7% trend compared to 4.2% trend for other CVS clients.
9. In 2017 73.4% of CVS members had out of pocket costs under $100, 14.6% had out of pocket costs between $100-$299, 5% had out of pocket costs between $300 - $499, 7% had %500+

Source: CVS Health 2017 Drug Trend Report
Source URL: https://payorsolutions.cvshealth.com/sites/default/files/cvs...

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