DATE: June 13, 2024
The Center for Health Information and Analysis (CHIA) released its latest interactive data visualization exploring the drivers of commercial prescription drug spending as a special supplement to CHIA’s latest report on this topic.
Prescription drug spending has consistently been a major driver of total health care spending in Massachusetts, which has a direct impact on residents. Data shows that while pharmacy spending trends are based on both the cost of prescription drugs as well as the number of prescriptions filled, the primary driver of spending growth is the increase in costs.
Explore “Drivers of Commercial Prescription Drug Spending: Cost or Utilization” to see more on how this issue is impacting Massachusetts residents.
Also, see CHIA’s latest report on commercial prescription drug spending and see the interactive dashboard.