It is critical to cash flow to collect copays
at the time of service and, in fact, it is a contractual obligation for the provider.
While employers may take upfront financial hits when waiving copays
, opportunities abound for substantial long-term savings.
Health plan managers and policy makers use copays
as a means of controlling prescription drug costs.
Sevon agreed that three-tiered copays
reduce physician hassle factors, but they also make patients more aware of the formulary, she said.
As we approach 2013, many pharmaceutical companies are reviewing their copay
card programs, and making decisions regarding whether to continue, discontinue or modify them," says Mohan Purushothaman, executive vice president at ALSCG.
House and Senate leadership, Governor O'Malley asks that Congress revisit and carefully analyze the consequences of copays
on already struggling seniors.
The biggest change, of course, is that premiums have increased substantially To help offset these costs, members with traditional plans have been forced to absorb more out-of-pocket risk in the form of higher copays
, bigger deductibles, and increased coinsurance amounts.
after a patient has left your office is not only difficult, but expensive.
79% of transportation employees pay $25 or more in office visit copays
Although the gap between generic and brand copays
is wider, not every consumer is taking advantage of the opportunity to save money on generic drugs.
coupons induce consumers to choose higher-cost brands (despite higher copays
) over lower-cost competitors (despite lower copays
SAN DIEGO -- MedImpact, the nation's largest pharmacy benefit management (PBM) company that does not sell drugs, today announced results from a study assessing the effect of copays
on the utilization of statins, an important drug class used to treat unhealthy levels of cholesterol.