Hiring for Knowledge-Based Competition

Elaine D. Pulakos, David W. Dorsey, Walter C. Borman

Michigan health & hospitals · 2003 · 82 citations · 0 references

Concepts

Abstract

Prescription drug spending continues to increase annually and continued growth is expected over the next few years, fueled by potential blockbuster drugs currently being developed by pharmaceutical manufacturers. In 2000, Blue Cross Blue Shield of Michigan (BCBSM) prescription drug expenditures for Michigan residents represented 26.4 percent of total BCBSM payments, while payments for inpatient hospital services accounted for 19.7 percent of total BCBSM payments.