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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...

Which Employers Are Incentivizing Generic Drugs Over Brand Name?


Healthcare


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?