Colorado Springs News, Sports & Business

Gazette Premium Content Obamacare plans bring hefty fees for certain drugs

Associated Press Updated: March 22, 2014 at 12:01 pm

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.

Comment Policy

Our commenting system has changed. Please register or login with your gazette.com account to comment on a story. Click here for information.

You've reached your 4 FREE premium stories this month

Already registered? Login Now

Get 4 more FREE stories

Simply register to continue.

Register

Subscribe now

Get access unlimited access to premium stories.

Subscribe
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement