Purchaser Business Group on Health Highlights Employer Concerns Over Healthcare Costs and Transparency
The Purchaser Business Group on Health (PBGH) has released new data emphasizing the primary healthcare concerns of its large employer members. The data reveals that the escalating affordability crisis is the most significant challenge faced by these employers. Alongside affordability, data analytics and transparency, as well as advanced primary care, are also top priorities. Elizabeth Mitchell, president and CEO of PBGH, noted that the rising cost pressures have prompted a more proactive approach from employers to address these issues, which are not being adequately tackled by the healthcare industry. Employers are increasingly seeking bids from new pharmacy benefit managers (PBMs) or third-party administrators to find better models. The study also highlights other focus areas such as pharmacy costs, mental and behavioral health, weight management, and cancer, which are significant cost drivers.