Magellan’s Third Annual Medical Pharmacy Trend Report Illuminates Hidden Healthcare Costs

Circle Connections: New Products & Services Magellan Pharmacy Solutions, a division of Magellan Health Services, released its third annual Medical Pharmacy Trend Report. The report is the only industry benchmark of its kind to analyze medical drug data, explaining the trends surrounding specialty medications such as those used to treat complex chronic conditions like cancer, rheumatoid arthritis, and multiple sclerosis. As much as 50 percent of specialty pharmaceuticals are managed and paid for under the medical plan benefit today, a significant increase compared to previous years. This is driven by several factors, most notably the ability of manufacturers to maintain . . .