Today, Aimed Alliance released a fact sheet that explains why states can and should pass laws that limit health insurers’ use of copay accumulator programs. Copay accumulator programs are health insurance policies that prevent copay assistance from counting toward a patient’s annual deductible or maximum out-of-pocket limit.
As health care costs in the U.S. continue to rise, an increasing amount of out-of-pocket costs are shifted onto patients. Yet, many patients have less available income due to the economic impact of the COVID-19 public health emergency. Our fact sheet explains that states not only have the authority to pass patient-focused legislation to limit the use of copay accumulator programs in light of a recently passed federal regulation, but should pass such laws to protect their communities.