A recent Kaiser Family Foundation report found that patients’ out-of-pocket costs under employer health plans have seen a 54 percent increase between 2006-16.
The average deductible also reportedly reach $1,200, up from $303; patients’ payments on those deductibles saw a 176 percent increase.
According to an Institute for Patient Access report, the “greater cost-sharing” doesn’t inherently suggest better access.
The IfPA report also states a study published in Health Affairs shows “widespread variation in coverage and reimbursement for specialty drugs.”
“While the Food and Drug Administration’s indications make clear which drugs are approved to treat which conditions, health insurers’ decisions about which drugs to cover for which conditions – and to what extent – vary widely,” IfPA’s report states.
To read more on IfPA’s webiste click here.