EPIC benefits president says pharmacy costs are central challenge for employer health plans
Key points
- Adam Okun says pharmacy spending is now the dominant cost driver in employer health plans
- He says pharmacy is approaching about 35% of total healthcare budgets for 2027 renewals among middle-market employers
- He says PBMs capture profits through spread pricing, rebates and contract terms
Adam Okun, president of Employee Benefits Organization at EPIC Insurance Brokers & Consultants, says pharmacy spending is now the dominant cost driver in employer health plans. He says pharmacy is approaching about 35% of total healthcare budgets for 2027 renewals among middle-market employers his firm works with. He says PBMs capture profits through spread pricing, rebates and contract terms.
Original report: Human Resources Director ↗Edited with AI assistance. Facts are based on official sources and original reports. For information only; not legal, immigration or insurance advice.