California’s health care exchange took major steps in improving patient access by capping copays for specialty treatments. Patients will now have monthly maximums on what they will spend out-of-pocket. After the deductible is paid, most plans will cap specialty drug costs at $250 per month, per prescription for most plans and a $500 monthly cap on Bronze plans after a $500 brand name drug deductible is met. Consumer groups from across the state praised California’s move, but believe it can go a step further at protecting consumers from oversized medical bills. Negotiations among health insurers will continue over high prescription drug prices. To read more on this issue, visit the Los Angeles Times’s website here.
Last Updated on May 7, 2020 by Aimed Alliance