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According to UBA’s new Special Report – Trends in Prescription Drug Benefits, 61.8% of plans required employees to pay more when they elect brand-name drugs over an available generic drug (a 5.5% increase from 2014); 37.9% of those plans require the added cost even if the physician notes “dispense as written.” On the other hand, only 1% of plans offer no coverage for brand-name drugs if generics are available and 37.2% offer no added cost coverage. So while most employers aren’t completely penalizing those who choose brand-name drugs, more...
POSTED BY ADMIN ON AUG 5, 2016 IN HEALTHCARE, HR BENEFIT ADVISORS BLOG,INDUSTRY NEWS, SPECIAL INTEREST, THE BLOG, UBA NEWS, UBA SURVEYS | COMMENTS OFF ON WHICH EMPLOYERS ARE INCENTIVIZING GENERIC DRUGS OVER BRAND NAME?