On the average health insurance plan, around 27% of the cost is due to medications.
The cost of medications has been in the news constantly over the last few years. In my opinion, this is the wild west of the insurance world with the very entities hired to manage costs, pharmacy benefit management companies (PBMs), often driving up costs for employers instead of lowering costs. In fact, multiple entities are profiting in the pharmaceutical distribution chain that drives prescription drug costs in the US to among the highest - worldwide.
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