Latest Copayment Stories

Higher coinsurance rates correspond to higher annual limits on medical out-of-pocket costs Consumers could still fare better now than under some Affordable Care Act plans SUNNYVALE, Calif., March 25, 2013 /PRNewswire-USNewswire/ -- A new analysis of coinsurance rates from HealthPocket, Inc., shows that the average coinsurance rate nationally for individual and family health plans is 20 percent, meaning that people with coinsurance are paying one-fifth of the costs on average for...

WASHINGTON, March 12, 2013 /PRNewswire/ -- Innovative solutions to longtime problems within the U.S. health care system are the focus of a new blog launching today. The purpose of the blog, www.realworldhealthcare.org, is to expedite a dramatically improved health care system by providing a home base for stories of health care successes that can be implemented across the country. Americans and our health institutions are full of innovation and ideas to improve access to care, lower...

Reducing financial barriers to medication access—a strategy known as value-based insurance design (VBID)—can improve medication adherence and management of chronic diseases such as diabetes. The economic and patient-perceived benefits of eliminating co-payments for diabetes-related medications and supplies are described in a trend-setting study published in Population Health Management, a peer-reviewed journal from Mary Ann Liebert, Inc., publishers. The article is available on the...

AffordRx.com to donate thousands of discount drug cards to those in need. Margate, NJ (PRWEB) December 21, 2012 AffordRx, a discount prescription drug card, is currently giving away thousands of free discount cards to those in need. Countless senior citizens and children living in the United States are not able to afford their prescriptions regularly. Many people are left with no choice but to skip doses or cut pills in half. AffordRx representative Dylan Marc explained his...

GAITHERSBURG, Md., Nov. 1, 2012 /PRNewswire/ -- The HealthWell Foundation, an independent non-profit providing nationwide financial assistance to insured individuals with high out-of-pocket medication expenses, today announced that it has been awarded a 4-star rating from Charity Navigator, America's largest and most-utilized independent evaluator of charities. The HealthWell Foundation received four out of a possible four stars recognizing its stellar reputation for sound fiscal...

CLEVELAND, Oct. 1, 2012 /PRNewswire/ -- More than 20,000 RxAlly member pharmacies, including independent pharmacies, regional chains, and Walgreens, will begin accepting a new federally-qualified Medicare Prescription Drug Plan (PDP), SmartD Rx, on January 1, 2013. SmartD Rx was developed with the input of pharmacists by Smart Insurance Company of Cleveland, Ohio. Offered to beneficiaries for the first time this fall during Medicare's open enrollment period, SmartD Rx is...

New JAMA Study: Copay Coupons Increase Consumer Costs, Health Insurance Premiums WASHINGTON, June 14, 2012 /PRNewswire-USNewswire/ --If Massachusetts legislators vote to repeal the state ban on prescription brand drug "copay coupon" programs, costs for employers, unions, and state employee health programs would increase by $750 million over the next decade, according to research released by the Pharmaceutical Care Management Association (PCMA). This research was highlighted in a...

Experts in the pharmaceutical industry will detail strategies that health plans can use to combat copay coupons in this April 26 webinar sponsored by Atlantic Information Services. Washington, DC (PRWEB) April 23, 2012 Atlantic Information Services, Inc., publisher of Drug Benefit News and Specialty Pharmacy News, is pleased to announce its April 26 webinar, Health Plan Strategies to Combat Consumer Drug Copay Coupons. See webinar details at http://aishealth.com/marketplace/c2p15_042612....

CINCINNATI, March 28, 2012 /PRNewswire/ -- HealthWarehouse.com, Inc. (OTC: HEWA), a leading VIPPS-accredited, retail mail-order pharmacy, announced today the launch of its new pet pharmacy. Consumers can purchase more than 200 over-the-counter and prescription medications including Flea & Tick, Heartworm, Diabetes, Skin & Coat, Joint Health, Vitamins & Supplements, Ears, Eyes, and Dental products. According to a recent article in USA Today, Americans spent...

Greater out-of-pocket asthma medication cost was associated with small reductions in medication use and with more frequent asthma-related hospitalizations among children ages 5 years or older, according to a study in the March 28 issue of JAMA. "In recent years, private health plans have attempted to contain medication costs by shifting costs toward patients. Among adults, greater patient medication cost sharing has been associated with reduced medication use and increases in emergency...