HERRIN, IL (KFVS) – State Representative John Bradley and the Arthritis Foundation will host a community forum to discuss the rising co-insurance costs for some specialty medications.
There are several “tiers” for prescription drugs. They’re often labled “generic,” “preferred,” and “non-preferred.” The prescription drug usually has a predetermined cost associated with the tier it falls under. Now, several health plans have instituted a fourth tier or the “specialty tier.”
According to a release from John Bradley, many health plans require the patient to pay a percentage of the cost of the most expensive medications that fall under the “specialty tier.”
A forum called “Navigating the Health System & Managing Your Co-Insurance” will focus on navigating the health system to maintain access to medications that patients need.