Express Scripts by Evernorth Members Paid Less for Prescriptions in 2023 Despite Drug Price Increases
Members with employer-sponsored insurance saw about a 1% decrease in out-of-pocket costs
for their prescription medicines last year, paying an average of
"Express Scripts continues to bring down medication costs for patients," said Adam Kautzner, Pharm.D., president of Evernorth Care Management and Express Scripts. "Despite rising costs of prescription drugs and inflation, our commercial members' average cost share has increased by no more than 1.1% year over year since 2020."
On average, members with employer-sponsored
drug coverage paid
Additionally, Express Scripts' innovative programs keep costs down for the millions of commercial customers it serves, including by:
-
Capping out-of-pocket costs for people living with diabetes: Insulin and other medications that treat diabetes carry an average wholesale price of
$438.07 per month – almost$15 a day. Over 11 million Express Scripts members living with diabetes can access participating insulin and other diabetes medications for$25 for up to a 34-day supply (or$75 for a 90-day supply) through the Patient Assurance Program. -
$92M in savings on diabetes medications: The Patient Assurance Program saved plans and patients$92 million in total last year for insulin and other diabetes medications.
Kautzner said, "Across disease areas, Express Scripts holds drug manufacturers accountable for their prices and uses generic and biosimilar competition to help ensure patients who need these medications can afford them at the pharmacy counter."
About
Media Contact
(202) 615-1473
Madeline.ziomek@evernorth.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/express-scripts-by-evernorth-members-paid-less-for-prescriptions-in-2023-despite-drug-price-increases-302177336.html
SOURCE Express Scripts