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Latest Copayment Stories

2010-10-28 08:00:00

RYE BROOK, N.Y., Oct. 28 /PRNewswire/ -- Universal American (NYSE: UAM), the nation's second largest Medicare Part D sponsor(3), has partnered with the makers of LIPITOR and CRESTOR to provide broad and affordable access to these cholesterol-lowering prescription drugs. Effective January 1, 2011, all members of Universal American's Medicare Part D Prescription drug plans, Community CCRx(SM) PDP, as well as all members of its Medicare Advantage Prescription Drug (MA-PD) plans can purchase...

2010-09-21 12:03:00

NASHVILLE, Tenn., Sept. 21 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that the Texas Employee Group Benefits Program, the state's largest employee group, is implementing further cost-sharing for its members, and will continue to steer members towards generic drugs. According to the Texas Health Plan Analysis, more private groups in Texas are going to be shifting costs to their employees. According to the report, as more...

2010-07-21 09:10:00

WASHINGTON, July 21 /PRNewswire-USNewswire/ -- Patients receiving copayment assistance from Patient Access Network (PAN) Foundation reported a striking 35 percent increase in their ability to comply with their prescribed medical regimen. Noncompliance is one of the major reasons for failure of medical therapy and disease progression. The results were part of a 2010 patient survey to determine the barriers to complying with treatment, the understanding of healthcare reform, and the...

2010-07-07 16:28:00

URBANA, Ill., July 7 /PRNewswire/ -- Fully insured Health Alliance members with prescription coverage can now save money based on where they have their prescriptions filled. The new program, Rxtra, is one of the first of its kind nationally. "Cost is one of the biggest reasons people don't take their medications," said Health Alliance Chief Medical Officer Robert Parker, MD. "If we can eliminate cost as a barrier, then our members will be healthier, which leads to a cost savings for...

2010-06-03 11:52:00

CINCINNATI, June 3 /PRNewswire-FirstCall/ -- HealthWarehouse.com, Inc. (OTC Bulletin Board: HEWA), a leading retail mail-order pharmacy, announced today the expansion of its discount generic list to include more than 750 medications under $20 for a 30-day supply. With the addition of these medicines the company now offers more than 1,000 medications below $25 for a 30-day supply, bringing much needed relief to consumers struggling with prescription drug prices. All medications are...

2010-02-08 17:39:00

PORTLAND, Ore., Feb. 8 /PRNewswire/ -- Rapid developments in the pharmaceutical industry have led to a steady increase in the use and cost of "specialty" medications to treat chronic conditions such as arthritis and psoriasis. This has led to some inappropriate selection of these medications, higher overall drug costs and medication coverage being spread over both pharmacy and medical benefits. Regence has introduced a new solution with Medication Cost Integration (MCI), which covers all...

2010-01-21 09:58:00

U-M, Harvard researchers show that reducing co-payment fees encourages patients to take medication without increasing total health care spending ANN ARBOR, Mich., Jan. 21 /PRNewswire-USNewswire/ -- Value-based insurance design programs -- which reduce patient co-payments for highly effective treatments -- can break even financially or possibly save money, according to a new study from University of Michigan, Harvard and other researchers. In an article published today by Health Affairs,...

2009-12-17 11:00:00

DALLAS, Dec. 17 /PRNewswire-USNewswire/ -- The following feature is by Devon Herrick, PhD, Senior Fellow at the National Center for Policy Analysis: People often assume they have little control over how much they spend on health care. After all, sickness cannot be scheduled, doctors prescribe treatments and employers provide health coverage to more than 60 percent of Americans. However, there are many overlooked ways to trim your health costs and still get the care you need. Cut your...

2009-12-16 10:54:00

MILWAUKEE, Dec. 16 /PRNewswire/ -- More and more Wisconsinites are looking for less expensive options for basic individual health care coverage and are asking what they can do to obtain lower-cost protection for their family's health care coverage. Today, Anthem Blue Cross and Blue Shield introduced new low-cost CoreShare and enhanced SmartSense and Premier individual plans that will provide Wisconsinites with low-cost options for individual health insurance. Whether you are...

2009-12-14 07:00:00

NASHVILLE, Tenn. and GLEN ROCK, N.J., Dec. 14 /PRNewswire/ -- HealthLeaders-InterStudy and Fingertip Formulary find that over the next five years, a greater percentage of health plans will transition orally delivered oncology drugs from a copayment structure to a reimbursement model that incorporates a coinsurance payment, thereby shifting more costs onto patients. Copayments represent a set dollar amount associated with a pharmacy benefit while coinsurance represents a percentage of cost...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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