Tier 4 and Tier 5 drug pricing?!
Kudos posted a link to this New York Times story at Monroe Talks:
Co-payments for expensive drugs soaring
A snippet:
The system, often called Tier 4, began in earnest with Medicare drug plans and spread rapidly. It is now incorporated into 86 percent of those plans. Some have even higher co-payments for certain drugs, a Tier 5.
Now Tier 4 is also showing up in insurance that people buy on their own or acquire through employers, said Dan Mendelson of Avalere Health, a research organization in Washington. It is the fastest-growing segment in private insurance, Mr. Mendelson said. Five years ago it was virtually nonexistent in private plans, he said. Now 10 percent of them have Tier 4 drug categories.
Kudos’ comment: “How can this be possible? It just sickens me how much the prescription drug companies run our day to day lives, weather up front or behind the scenes.”
Follow the rest of the MonroeTalks discussion here.
Posted: April 15th, 2008 under Medical bills, MonroeTalks.
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