Mid-Year Drug Trend Report

2019 - 2020 (6 month comparison)

Drug Trend Report

INTRODUCTION

The Xevant mid-year Drug Trend Report provides detailed insights into the key drivers of cost changes between the first half of 2019 and the first half of 2020. This independently derived report highlights the impact of each of the following individually separated sources of increases and decreases on pharmacy claims cost: PBM Discounts, Drug Inflation, Drug Mix, Utilizer Changes, and Intensity. The report is presented using "per utilizer per month" figures instead of using totals in order to normalize and deidentify the data. 

Total Cost Change

$8.28pupm

8.1% Increase

1st Half 2019

$93.70pupm

1st Half 2020

$101.98pupm

The analysis comprised within this report was derived from a large, broad spectrum of nationwide, commercial, and self-insured, deidentified pharmacy claims data. Xevant's extensive data warehouse is one of the largest independently maintained pharmacy claims datasets obtained from a wide range of claims administrators including PBMs, TPAs, Payers, and consultants representing employers of all sizes.

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Contributors

Nick Conway

SVP, Analytics, NFP 

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