What You Should Know About Biosimilars

June 22, 2023

Rapidly increasing healthcare costs will likely continue to impact employers in the foreseeable future. As a result, many employers are considering strategies to manage healthcare costs and explore prescription drug trends. The introduction of biosimilar drugs as an alternative to biologics may bring value to healthcare by offering cost savings and increasing employee access to necessary medications. While biosimilars can potentially combat rising prescription drug costs, employers will need to learn more about them before considering how their health plans can accommodate these newer drugs.

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