Save this content for laterSave this content on your device for later, even while offline Sign in with FacebookSign in with your Facebook account Close

Obamacare plans bring hefty fees for certain drugs

By: KELLI KENNEDY
March 22, 2014 Updated: March 22, 2014 at 12:01 pm
0

MIAMI (AP) — With the promise of affordable health insurance under President Barack Obama's law, many Americans with serious illnesses are finding relatively low monthly premiums and, in many cases, access to insurance for the first time.

But some have been shocked at how much their prescriptions are costing as insurers are creating complex drug tiers and in some cases charging co-insurance rates as high as 50 percent, leaving patients on the hook for thousands.

Avalere Health, a market research and consulting firm, estimates some consumers will pay 50 percent of the cost of their specialty drugs — that compares to about 30 percent in the private market.

Register to the Colorado Springs Gazette
Incognito Mode Your browser is in Incognito mode

You vanished!

We welcome you to read all of our stories by signing into your account. If you don't have a subscription, please subscribe today for daily award winning journalism.

Register to the Colorado Springs Gazette
Subscribe to the Colorado Springs Gazette

It appears that you value local journalism. Thank you.

Subscribe today for unlimited digital access with 50% fewer ads for a faster browsing experience.

Already a Subscriber? LOGIN HERE

Wake up with today's top stories in your inbox

Wake up with today's top stories in your inbox

or
Already a print subscriber?
Already a digital subscriber?
 
This is your last FREE article for the month
This is your last FREE article for the month

Subscribe now and enjoy Unlimited Digital Access to Gazette.com

Only 99 cents for Unlimited Digital Access for 1 month
Then $2.31/week, billed monthly, cancel anytime
Already a print subscriber?
Already a digital subscriber?

 
You have reached your article limit for the month
You have reached your article limit for the month

We hope that you've enjoyed your complimentary access to Gazette.com

Only 99 cents for Unlimited Digital Access for 1 month
Then $2.31/week, billed monthly, cancel anytime
Already a print subscriber?
Already a digital subscriber?

 
articles remaining
×
Thank you for your interest in local journalism.
Gain unlimited access, 50% fewer ads and a faster browsing experience.