According to the source, for the period from 2023 to 2032, projected 10-year drug expenditures under best practice use of Pharmacy Benefit Management would total over 3.7 trillion U.S. dollars, with the highest amount associated with private insurance at around 1.73 trillion dollars. This statistic shows the projected 10 year drug expenditure in the U.S. from 2023 to 2032 under limited, average, and best practice PBM use, by payer.
Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer
(in billion U.S. dollars)
Characteristic
Private Insurance
Medicare Part D
Managed Medicaid
Limited PBM
2,668
2,484
570
Average PBM
2,199
2,048
470
Best practice PBM
1,730
1,611
369
Created with Highcharts 7.2.2Drug expenditures in billion U.S. dollars2,6682,6682,1992,1991,7301,7302,4842,4842,0482,0481,6111,611570570470470369369Private InsuranceMedicare Part DManaged MedicaidLimited PBMAverage PBMBest practice PBM
01,0002,0003,0004,0005,0006,0007,000
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Visante, & Pharmaceutical Care Management Association. (January 31, 2023). Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 02, 2025, from https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/
Visante, und Pharmaceutical Care Management Association. "Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer (in billion U.S. dollars)." Chart. January 31, 2023. Statista. Accessed May 02, 2025. https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/
Visante, Pharmaceutical Care Management Association. (2023). Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 02, 2025. https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/
Visante, and Pharmaceutical Care Management Association. "Projected Drug Expenditures under Three Levels of Pharmacy Benefit Management (Pbm) Use in The U.S. for The Period 2023-2032, by Payer (in Billion U.S. Dollars)." Statista, Statista Inc., 31 Jan 2023, https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/
Visante & Pharmaceutical Care Management Association, Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/ (last visited May 02, 2025)
Projected drug expenditures under three levels of Pharmacy Benefit Management (PBM) use in the U.S. for the period 2023-2032, by payer (in billion U.S. dollars) [Graph], Visante, & Pharmaceutical Care Management Association, January 31, 2023. [Online]. Available: https://www.statista.com/statistics/1172957/pbm-projected-10-year-expenditure-by-scenario-and-payer/
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