Pharmacy-related wasteful spending topped $403 billion in 2010, up from $163 billion in 2009, according to the 2010 Drug Trends Report by Express Scripts. Between 2010 and 2014, estimates put the figure at more than $1.2 trillion.

The chief source of this wasteful spending is not what most advisers would cite first, namely higher-priced brand-name medications or higher costs associated with retail rather than home delivery. Express Scripts estimates that more than half of the pharmacy-related waste - a staggering $258.3 billion - is from patients who do not take their medications as prescribed.

Register or login for access to this item and much more

All Employee Benefit Adviser content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access