How managed care prescription pricing has worked to raise costs

Filed Under: Health plans, Patients

Summary: “The Center for Value-Based Insurance Design (VBID) at the University of Michigan reports that until 2002, most people with employer-sponsored insurance that included prescription drug coverage were in plans with one or two formulary tiers. As of last year, nearly 25% of insured people were in plans with four or five tiers, and the highest two tiers typically were devoted to specialty medications.” Click this link to read more in “Health Plans, Patients Struggle To Pay for High-Cost Drugs” in Managed Care Magazine Online.