Health care costs in the United States have risen sharply over the past two decades. In fact, a study by the Journal of the American Medical Association found that U.S. health care spending increased by nearly $1 trillion from 1996 to 2015. As the average premiums for single coverage and for family coverage continue to ...
As prescription drug costs continue to increase, it is important for employers to understand the trends behind prescription drug costs and what they can do to better manage their health care expenses. In 2019, the United States was projected to spend over $500 billion on prescription drugs, by some estimates—12 times more than the $40.3 ...