Drugs that treat autoimmune conditions are growing at the fastest rate in commercial health plans. (Photo: Shutterstock.com)
A new report finds that the pharmacy benefit management market is likely to grow at a compound annual growth rate of more than 7% over the next five years.
The report, "Pharmacy Benefit Management Market in US – Industry Outlook and Forecast 2020-2025," discusses several factors likely to contribute to the growth of the PBM market during the years forecast. Those factors include a growth in FDA approvals for orphan and specialty drugs, digital health solutions, increased engagement in high-touch care management, and a shift to value/outcomes-based contracts.
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Richard Binder
Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.
