In The News
The Changing Drug Landscape – Biologics: the high cost of breakthrough medicine
Published on Mar 27, 2013
They treat cancer, multiple sclerosis and rheumatoid arthritis. In the war against chronic diseases, biologics are often prescribed by doctors. But, these drugs made from living micro-organisms are costly. Imagine a drug that costs a million dollars per person, per year!
But, biologics can save lives and radically improve quality of life. So, who will pay for these breakthrough drugs? Can benefit plans sustain these costs? How do small business owners prepare themselves for the ‘coming storm?’ The drug landscape is changing.