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Taking charge of prescription drug costs.
Government Finance Review
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April 01, 2003 |
Grossman, Ned |
COPYRIGHT 2003 Government Finance Officers Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Prescription drug costs have risen dramatically over the last several years, gobbling up an increasingly larger percentage of state and local government budgets. In Ohio, a group of school districts formed the Employee Benefits Cooperative to minimize these costs through group purchasing. The program success to date offers a ray of hope to other governments.
As sagging revenues and increasing demand for things like security and Medic aid continue to squeeze state and local government budgets, reducing the costs (or at least slowing increases) of prescription drug coverage has become more important than ever. Thanks to skyrocketing health care costs--prescription ...
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Source: HighBeam Research, Taking charge of prescription drug costs.