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The Growing Cost of Aging: Express Scripts Study Shows Medication Use for Normal Aging Conditions Overtakes Costs of Treating Most Chronic Diseases
Date:10/29/2012

more than $73.3 million was spent for every 1 million commercially insured individuals, and the cost was nearly $90 million per 1 million Medicare members on these aging-related medications.

The United States is in the midst of a profound demographic change, with the number of elderly people projected to reach nearly 20 percent of the entire population by 2030, up from less than 13 percent in 2009. This increase will continue to drive both use and costs of medications to treat the natural conditions of aging.

The study also showed that while utilization and drug costs were highest among older commercially insured individuals, the greatest growth in cost per insured was seen among the 45 to 54 age group — up almost 21 percent over the five-year period.

The study only analyzed prescription medications and therefore may underestimate the total costs of aging treatments, which include a variety of over-the-counter (OTC) medications, cosmetic treatments and surgery.  

About Express Scripts

Express Scripts (NASDAQ: ESRX) manages more than a billion prescriptions each year for tens of millions of people. On behalf of our clients — employers, health plans, unions and government health programs — we make the use of prescription drugs safer and more affordable. We innovate to enhance patient care, reduce pharmacy-related waste and increase therapy adherence. Building on a strong clinical foundation, we apply our understanding of the behavioral sciences — an approach we call Consumerology® — to make it easier for people to choose better health.

Headquartered in St. Louis, Express Scripts provides integrated pharmacy benefit management services, including network-pharmacy claims processing, home delivery, specialty benefit management, ben
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SOURCE Express Scripts
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