EBRI Fast Facts
Provider Markups on Biologics Are Doubling Costs for Employers and Minimizing Savings From Biosimilar Competition
Summary
Biologics are often used to treat a range of life-threatening and
debilitating conditions — such as cancer, autoimmune diseases, and
kidney disease — and represent an increasing treatment option for
patients in the United States. A biosimilar version of the biologics can
be produced, which is a highly similar version of the medicine with no
clinically meaningful difference in effectiveness or safety from the
innovator biologic. This
Fast Fact presents an analysis of site-of-treatment price differentials for innovator biologics and biosimilars.