Pharmacy benefit manager Walgreens Health Initiatives (WHI) reported that its highly managed drug plans (i.e., those that took full advantage of its clinical services) experienced a decline in their prescription drug cost trend by .07% from 2006 to 2007. Meanwhile, the company's average total prescription medication cost increase, or drug trend, for its clients in general was 5.6%, the fourth consecutive year of only single-digit hikes. When specialty medications are excluded, the overall trend drops to 4.8%. These and other findings will be available online in early summer in WHI's report Outlook, Trend Report 2008. The report also details other key outcomes, including a generic dispensing rate of 61.2%.
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