Two major health insurers announced a new effort aimed at blunting the cost of prescription drugs by passing on rebates at the pharmacy counter.
According to an Associated Press article, Aetna and UnitedHealthcare say they begin passing savings from drugmakers to consumers in 2019. The move could be the first major domino to fall toward a new trend.
The rebates are unlikely to spread quickly, though, according to the report.
Aetna estimates roughly 3 million customers will be eligible to receive the rebates next year; UnitedHealthcare says it will extend the rebates to more than 7 million people. The insurers combined service some 67 million Americans total.
To read the full report on this major move by the two insurers, click here.