Expert: Consumers Need More Info on Complex Drug Benefits
Employer-sponsored plans have “increasingly complex” prescription drug cost-sharing arrangements, according to the Kaiser Family Foundation’s (KFF) 2020 Employer Health Benefits Survey. But one expert says that plan sponsors and payers can help members manage the cost burden of prescription drugs by making more pricing and rebate data easily available to consumers.
The KFF survey found that the number of covered workers with tiered cost sharing for prescription drugs remained stable, with 89% of workers in a tiered cost-sharing plan in 2020, compared with 91% in 2019.
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