Patients with a deductible have seen their out-of-pocket costs for brand medicines increase 50 percent since 2014

Spending on medicines is growing at the slowest rate in years, but according to a newIQVIA Institute for Human Data Science article, at the pharmacy, commercially insured patients with a deductible have their seen out-of-pocket costs for brand medicines increase 50 percent since 2014. The data also show 55 percent of patients ’ out-of-pocket spending on brand medicines in 2017 was for prescriptions filled in the deductible or with coinsurance rather than with a fixed copay. This share has increased 20 percent since 2013 as insurers are increasingly shifting more and more of the costs of medicines to patients.
Source: The Catalyst - Category: Pharmaceuticals Tags: out of pocket costs Source Type: news