— Josh Golden, area senior VP for Solid Benefit Guidance, told AIS's Drug Benefit News.
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Monday, August 22, 2016
"The FDA's speedy approval of generic manufacturers for Crestor ...
... will likely
have a beneficial impact on pricing for plan sponsors. In the long term, we
expect discounts in the range of 80% or more for these generic products. And
since we have multiple manufacturers competing for market share right out of
the gate, we're likely to see the needle move more quickly on those discounts.
All told, this is promising news for plan sponsors. With most brand patent
expirations, the plan sponsor can actually incur an increase in net plan cost
for a period of time, since the loss of the member's brand copay exceeds the
incremental value of the generic discount. In the case of Crestor, the
discounts will likely increase more quickly, so that phenomenon will hopefully
be mitigated."
— Josh Golden, area senior VP for Solid Benefit Guidance, told AIS's Drug Benefit News.
— Josh Golden, area senior VP for Solid Benefit Guidance, told AIS's Drug Benefit News.
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