GROUP INSURANCE
Sourced from Express Scripts Canada’s 2015 Drug Trend Report.
Percentage of claimants with chronic conditions
Chronic conditions require taking maintenance drugs that can sometimes be very expensive. Since 51% of Canadian claimants suffer from two chronic conditions or more, tight plan management and plan member education are more important than ever.
1 chronic disease
2 or 3 chronic diseases
4 chronic diseases or more
No chronic disease
- Percentage of claimants with chronic diseases
Traditional and specialty drugs: Annual spend projections
Specialty drug annual total spend soared from 17.5% in 2010 to 30% in 2015. In 2020, the continuing increase is expected to reach 42%. Since traditional drug spend is also increasing, failing to implement strict cost control measures could quickly prove to be disastrous.
Drug spend
2010
Drug spend
2015
Drug spend
2020
- Specialty drugs
- Traditional drugs
Specialty drugs: Percentage of claims versus total spend
Even though specialty drugs only represented 2% of total claims in 2015, they accounted for 30% of total spend. This shows once more how important tight drug management is to preserving the viability of insurance plans.
Total Claims
Total spend
- Specialty drugs
- Traditional drugs