🚫 Key health plan cost trend findings for 2023/2024
[2023 Segal Health Plan Cost Trend Survey]
- The projected annual cost trend for outpatient prescription drugs is expected to be approaching double-digit levels, the highest rate observed since 2015.
- Double-digit specialty Rx cost trend, mostly driven by price increases and new-to-market specialty drugs, continues to be a major driver of Rx cost trends.
- Survey respondents project per-person cost trends for open-access PPO/POS plans to be up 7.4 percent.
- Provider price increases are still the primary driver for hospital, physician and Rx trends.
✅ Definition: To short-change.
👉 To treat someone unfairly by giving them less than they deserve;
😎 While it appears that SECU retirees are being kicked to the curb...