Insurers Distort the Facts on Drug Costs … Again

An effort by the Blue Cross Blue Shield Association (BCBSA) to spur a discussion on prescription drug costs is not getting off to a good start because it’s premised on some misleading information. In an interview with Bloomberg BNA, Justine Handelman, a senior executive at BCBSA, was noted as saying drug costs “make up about 22 percent of health insurance premiums on average, about the same share that’s spent on physician and clinical services, and drug costs are continuing to