Tags: health care benefits

    Co-Insurance for Medications: A New Trend for Consumers

    As we brace for healthcare changes in the coming years, one particular trend that will negatively impact consumer out-of-pocket costs is the use of co-insurance (instead of a co-pay) for expensive specialty medications. Many consumers are accustomed to paying flat insurance co-pay amounts for various tiers of medications, with...

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    Understanding your Insurance Policy’s Formulary

    Just because your medications are covered today doesn’t mean that they will be covered next month. Roughly 10% of those purchasing medications will find that their insurance company no longer covers the drug they take. Formularies change very often so let’s discuss drug formularies, how they work and what...

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