2023 Drug Trend Report

Insights to help you plan for the
future – from a PBM analytics leader.

To effectively navigate the changing pharmacy landscape and maintain a robust, cost-effective pharmacy benefit, you must understand the forces behind rising drug trend.

What’s driving your costs and what can you do about it?

As a leader in the PBM analytics space, we offer a unique perspective on pivotal trend drivers. Here’s what our comprehensive analysis revealed:

  • A surge in utilization rates across specialty and non-specialty drugs, magnified by anti-obesity therapies
  • Financial strain imposed by anti-inflammatory biologics and the yet-to-be-fulfilled promise of biosimilar savings
  • Persistent price inflation driving higher costs year over year

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Read on to gain a better understanding of how drug trend unfolded in 2023 and what to keep top of mind in 2024.