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.

© 2024 MMIT
Peter Johnson

Peter Johnson

Peter has been a reporter for nearly a decade. Before joining AIS Health, Peter covered a wide variety of topics in his hometown of Seattle, where he continues to live. Peter’s work has appeared in publications including The Atlantic and The Stranger. Peter attended Colby College.

Related Posts

humana-logo-on-smartphone
February 22

CenterWell Pharmacy Exec: New App Targets Digitally Savvy Seniors

READ MORE
part-d-document-with-stethoscope
February 22

Part D ‘Copay Smoothing’ Rollout Might Be Bumpy, Some Experts Warn

READ MORE
pharmacist-looking-up-drug-information
February 22

Preventive Drug Lists Can Boost Workers’ Health, Study Suggests

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today