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Latest Copayment Stories

2009-04-23 08:00:00

WASHINGTON, April 23 /PRNewswire-USNewswire/ -- The United States District Court for the District of Massachusetts has preliminarily approved the settlement of a class action with McKesson, a large drug wholesaler. The lawsuit, called New England Carpenters Health Benefits Fund v. First DataBank, Inc., concerns the pricing of more than 450 brand-name drugs, and consumers and Third-Party Payors ("TPPs") could get money back. Prescription drugs are often priced using certain benchmarks....

2009-04-20 07:00:00

$42 Billion Savings Opportunity Still Remains for Nation ST. LOUIS, April 20 /PRNewswire-FirstCall/ -- In the midst of the financial crisis and skyrocketing healthcare costs, greater use of generic drugs and lower-cost brand drugs led to a record-low spending trend for 2008 according to data from Express Scripts (Nasdaq: ESRX), one of the nation's largest pharmacy benefit managers. Overall pharmacy cost trend for Express Scripts clients was 3.0 percent for 2008, down 2.5 percentage...

2009-03-04 07:00:00

GLEN ROCK, N.J., March 4 /PRNewswire/ -- Fingertip Formulary, the leading provider of access to and insight into US formulary data, introduces one-click access to customized formulary data and co-pay reports. Fingertip Formulary Analytics, the leading web-based formulary reporting platform, now offers subscribers the ability to save report selections for easy future access. The analytics platform offers eleven comprehensive reports that provide real-time current and historical data on...

2009-03-03 12:42:00

BOSTON, March 3 /PRNewswire-USNewswire/ -- Important deadlines are approaching for class members of a proposed class action settlement related to the average wholesale prices of certain prescription drugs. The United States District Court for the District of Massachusetts granted preliminary approval of the Proposed Settlement in July 2008. In the lawsuit, In re: Pharmaceutical Industry Average Wholesale Price Litigation, No. 01-CV-12257-PBS, MDL No. 1456, plaintiffs claimed that drug...

2009-01-14 13:03:00

American Heart Association rapid access journal report: Study highlights: -- Cholesterol-lowering drug adherence drops with an increase in VA prescription co-payments. -- The odds of going for 90 straight days without medication was three times higher among patients in the all co-payment group and twice as high in patients in the some co-payment group when compared to the exempt group (received prescriptions without a co-payment). -- Researchers suggest charging lower co-payments for...

2008-12-09 12:49:00

ROCKVILLE, Md., Dec. 9 /PRNewswire-USNewswire/ -- Electronic prescribing (e-prescribing) systems that allow doctors to select lower cost or generic medications can save $845,000 per 100,000 patients per year and possibly more system-wide, according to findings from a new study funded by HHS' Agency for Healthcare Research and Quality. The finding may have important financial implications, the study authors concluded. As e-prescribing systems become more widely available and easier to use,...

2008-12-01 08:58:00

Real-time capabilities support providers in discussing health care costs PITTSBURGH, Dec. 1 /PRNewswire/ -- As health care costs continue to rise, many employers have shifted more of the cost of health care to their employees through higher premiums or cost-sharing on their benefit programs with deductibles and coinsurance. To help consumers better understand their actual cost of health care, Highmark providers, such as primary care physicians, specialists, health care facilities and...

2008-11-07 12:00:23

SAN FRANCISCO, Nov. 7 /PRNewswire/ -- Helping to keep Medicare beneficiaries healthy and active, Blue Shield of California is offering free "Fitness and Flexibility" events at Los Angeles area malls and senior centers this month. The events will offer a demonstration of one of the signature SilverSneakers exercise classes, part of Healthways' SilverSneakers(R) Fitness Program, a new benefit that Blue Shield 65 Plus and Blue Shield 65 Plus Choice Plan members in Los Angeles and Orange...

2008-10-15 12:00:34

More employers are using three- and four-tier drug benefit designs to encourage plan member use of low cost prescription medications, according to research findings from the Pharmacy Benefit Management Institute's (PBMI) Prescription Drug Benefit Cost and Plan Design Report 2008-09 Edition. The research also shows that the average member cost share for generics, preferred brand and nonpreferred brand-name drugs has increased. "Employers are effectively using multiple tools to keep their...

2008-09-11 12:00:43

BOSTON, Sept. 11 /PRNewswire-USNewswire/ -- The United States District Court for the District of Massachusetts has granted preliminary approval of a Proposed Settlement related to the average wholesale prices of certain prescription drugs. In the lawsuit, In re: Pharmaceutical Industry Average Wholesale Price Litigation, No. 01-CV-12257-PBS, MDL No. 1456, plaintiffs claimed that drug manufacturers unlawfully inflated the published average wholesale price of certain drugs, increasing what...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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