The rising cost of prescription drugs continues to be one of the most pressing challenges in healthcare. For both employers and employees, these escalating expenses create financial strain, reduce access to essential medications, and complicate efforts to manage chronic and urgent health needs. According to the 2025 Segal Health Plan Cost Trend Survey, prescription drug costs are expected to increase by another 8% this year, following double-digit spikes in 2024. This persistent trend is reshaping how organizations approach benefits, placing a greater emphasis on affordability, accessibility, and innovation.

For employers, the challenge lies in balancing rising healthcare costs with the need to provide employees with meaningful support. At LEVR Health, we recognize the urgency of this issue, which is why we’re introducing LEVREDGE Rx Benefits, a comprehensive solution designed to simplify and lower the cost of prescription access.

The Pharmaceutical Landscape in 2025

Several trends are driving the continued rise in prescription drug prices:

1. Specialty Medications: High-cost specialty drugs now represent nearly 50% of pharmacy spending in employer-sponsored plans. These treatments, while life-changing for many, have significantly increased overall costs.

2. Chronic Conditions: The growing prevalence of chronic diseases like diabetes, hypertension, and mental health disorders has increased demand for long-term prescription solutions. The CDC reports that 6 in 10 adults in the U.S. live with at least one chronic condition, with many requiring multiple medications.

3. Access Inequities: Rising costs disproportionately impact low- and middle-income employees, leading to lower medication adherence rates and poorer health outcomes. A 2023 study by the Kaiser Family Foundation found that nearly 30% of Americans skipped doses or didn’t fill a prescription due to cost concerns.

HOW EMPLOYERS CAN MAKE A DIFFERENCE

In an era where 1 in 4 Americans reports difficulty affording medications, employers have a unique opportunity to lead the charge in transforming healthcare access. Programs like LEVREDGE Rx Benefits not only address the immediate challenges of affordability but also create long-term value by promoting employee wellness and reducing overall healthcare utilization.

PARTNER WITH US

At LEVR Health, we’re committed to making healthcare easier and more affordable for your employees. Our LEVREDGE Rx Benefits program is just one way we’re working to revolutionize employer-sponsored benefits and improve outcomes for businesses and their teams.

Ready to elevate your benefits package and make 2025 your healthiest year yet? Contact us today to learn more about LEVREDGE Rx Benefits and other innovative solutions for your organization.

Let’s tackle rising prescription costs together and create a healthier, more empowered workforce.