The growth of high-cost specialty drugs is causing payors to scramble to manage spending on these products, speakers said during the 2022 Managed Health Care Associates Inc. (MHA) Business Summit in Las Vegas. The payors discussed six trends affecting management of specialty and infusion drugs.
Specialty products are outpacing traditional medications. Specialty drug spending in 2020 was $265.3 billion, or 49.6% of total pharmacy expenditures, said Kimberly Grant, PharmD, a clinical