CVS Health is presenting modifications to how its prescription drug rates design works, and that might lead to some costsavings for clients beginning next year
ByThe Associated Press
December 5, 2023, 10: 58 AM
FILE – A CVS shop indication is showed in Pittsburgh on Feb. 3,2023 CVS Health is presenting modifications to how its prescription drug prices design works, and that might lead to some costsavings for consumers beginning next year. The health care giant stated Tuesday, Dec. 5, 2023 that it will function out a brand-new repayment design developed to make expenses more foreseeable at the pharmacy counter. (AP Photo/Gene J. Puskar, File)
The Associated Press
CVS Health is presenting modifications to how its prescription drug rates design works, and that might lead to some costsavings for consumers beginning next year.
The health care giant stated Tuesday that it will roll out a brand-new compensation design developed to make expenses more foreseeable at the pharmacy counter. The business will start offering it next year to some third-party money discountrate card administrators.
Cash discountrate cards like those used by GoodRx can provide clients a rate break on out-of-pocket expenses for some prescriptions, depending on the individual’s protection and the drug.
CVS Health pharmacies will start utilizing the business’s brand-new CostVantage design more broadly in2025 It is created to make drug expenses more transparent. It includes a formula based on the expense of the drug, a set markup and then a cost for fill