HomeReleasesEmployers Eye Prescription Savings Tools as Employees Sacrif
Releases

Employers Eye Prescription Savings Tools as Employees Sacrifice Care

Nearly every U.S. employer intends to adopt prescription savings tools, yet two-thirds of workers remain unaware of available assistance programs. This disconnect forces employees to choose between essential medications and basic living expenses, a trend that is increasingly driving turnover and eroding the efficacy of corporate health benefits.

New research from Buzz Health reveals that 94% of HR and finance leaders now prioritize prescription affordability tools. Despite this appetite for solutions, a parallel survey of 1,007 full-time employees highlights a critical communication failure: 67% of workers report that their employers have never disclosed programs designed to lower drug costs. For those struggling to afford prescriptions, this information gap often results in skipped doses or delayed treatment.

Financial strain at the pharmacy counter carries direct consequences for business operations. Data shows that 43% of employees have made significant health or financial sacrifices over the past year, while 42% of decision-makers identify prescription costs as a primary driver of staff turnover. Joseph Kleiman, President of Buzz Health, notes that the solution often already exists within company portals, yet remains buried due to poor internal communication. The study suggests that providing clear compliance documentation—specifically regarding HIPAA, ERISA, and the No Surprises Act—dramatically increases the likelihood of corporate adoption, pushing the needle from interest to implementation for many organizations.

Comments (0)

Leave a comment

No comments yet. Be the first!