Monday, September 26, 2016

The Pluses, Minuses of Drugmakers' Discount Cards

While discount cards can assist patients in covering out-of-pocket expenses, their use by drug manufacturers to steer users to more expensive drugs ultimately drives up costs in the healthcare system. Many coupons and discount cards are targeted at expensive brand name medications; while they allow the patient to afford their established copay, the insurer is paying the balances of a significantly more expensive drug than the generic or preferred brand – oftentimes, leading to higher premiums the following years. Further, these discounts are usually limited to a certain number of fills or restricted timeline and cannot be used by patients in federal health plans.

Read Drug Discovery & Development's article on it here.

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