Doesn't the copay go to the pharmacy? How would the insurance company lose revenues if the government (ie taxpayers) pay the copays? Negotiating drug prices will potentially save money for both US government and insurance companies. Am I misunderstanding something here?UnitedHealthcare's new standard benefit will become part of fully-insured coverage as early as Jan. 1.
Insulin and the other drugs are already covered by the company's health plans, but cost-sharing rules can still leave patients with significant out-of-pocket costs.
As one of the largest insurers in the country, I'm interested to see if other insurers pick up on this. Of course, I'm not naive enough to believe UHC isn't looking at ways to cover the revenue the copay used to bring in. But in my opinion it's a step in the right direction.