Magellan Rx Management Medical Pharmacy Trend Report Delivers Industry Insights and Forecasting in Notable 10th Edition
Magellan Health, Inc. (MGLN)
Last magellan health, inc. earnings: 2/28 06:30 am
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Source: Business Wire
PHOENIX--(BUSINESS WIRE)--Magellan Rx Management, a division of Magellan Health, Inc. (NASDAQ: MGLN), released its tenth annual Medical Pharmacy Trend Report™, featuring a comprehensive view of medical benefit drug trends—one of the largest drivers of total specialty drug spend. For 10 years, Magellan Rx has produced the industry’s only detailed trend report that analyzes medical benefit drug claims for trends, data benchmarking, forecasting for significant categories, as well as current medical benefit drug management approaches.Dramatic Changes Over 10 Years of ReportingCommercial per-member-per-month (PMPM) medical drug spend has almost doubled (90 percent) from $17.28 to $32.83 from 2009-2018.Medicare PMPM has increased by more than one-third (35 percent), from $45.59 to $61.47.Remicade, Rituxan, Herceptin, Neulasta, and Avastin continue to rank as the top five drugs in commercial PMPM medical drug spend over the same 10-year period.Remicade has remained the top drug in commer
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