Editorials Address Increased Number Of Health Insurers Requiring Members To Pay Percentage Of Cost Of Some High-Priced Medications
Two newspapers on Tuesday published editorials that address a recent New York Times article about the increased number of health insurers that have begun to charge members a percentage of the price of certain expensive medications, rather than set copayments, to help reduce costs. Under such “Tier 4″ systems, members often pay between 20% and 33% of the price of the medications, which can amount to thousands of dollars per month.
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Filed under: Health Insurance / Medical Insurance on April 17th, 2008