Rising Healthcare Costs Impact
- Largest cost increase in a decade expected
- 5.8% increase projected for 2025
- Third consecutive year of 5%+ increases
Key Cost Drivers
- Growing chronic conditions
- Rising condition acuity
- Pharmacy expenses, especially specialty drugs
- GLP-1 medications impact
Employer Response Strategies
- Reevaluating PBM relationships
- Seeking efficient point solutions
- Focus on comprehensive programs
- Targeting prevention and wellbeing
