Introducing the 2019 Drug Trend Report
Delivering Another Industry-Leading PMPM Trend for 2019!
In an industry faced with price inflation and increased specialty drug utilization, we understand that managing pharmacy benefit costs can be a challenge. That’s why we work hard to make prescriptions more affordable for you and your members.
We're proud to report that, in 2019, we achieved an industry-leading per member per month (PMPM) of $78.12 across our commercial book of business, which is 16% lower than the forecasted industry average of $93.11 PMPM. In addition, we’ve successfully provided clients with a cumulative savings of $64.77 PMPM over the last five years, demonstrating our ability to reduce costs over the life of the contract and beyond.
Report highlights include:
- Forty percent of clients experienced a negative trend compared to 2018
- Clients new to Navitus in 2019 saved an average of 25%* in drug cost
- Plan sponsors from a wide variety of industries that switched from another PBM and adopted our cost-reduction strategies achieved a significant PMPM trend savings of up to 36%
To find out more about the innovative, cost-reducing strategies that allowed us to deliver these results, download our full 2019 Drug Trend Report now!
*2019 Navitus Data Analysis (Includes clients who provided historical data.)