If the current trajectory of spending continues, national health expenditures will account for one-fifth of our GDP by 2025.
Tackling Rising Drug Prices
The average price of brand medicines has increased by 58% over the past five years -- representing average list price increases of more than $130.
Managing Chronic Disease
The rate of chronic disease in the U.S. is higher than much of the developed world and represents a significant driver of health care costs. If Americans continue to be impacted by complex diseases such as obesity, diabetes and heart conditions at the current rate, the overall cost to our health care system will reach $42 trillion between now and 2030.
Expanding Access to Affordable Care
Research shows that American families rank the cost of health care as their most critical financial issue.
Improving Care Coordination
When different parts of the health care system take a siloed approach to patient care, it can lead to expensive waste and inefficiencies. In fact, waste represents approximately one-fifth of all health care spending.
We’re committed to partnering across the health care system to improve care coordination and integration. We have established more than 70 collaborations with large health systems to advance joint clinical programs and interoperable electronic health records. In addition, we are helping to reduce preventable hospital readmissions by improving transitions in care.
For more information about CVS Health’s efforts to lower health care costs across the nation, visit our Cost of Care information center and the CVS Health Impact Dashboard. To stay informed about the latest updates and innovations from CVS Health, register for content alerts and our bi-weekly health care newsletter.