Comparing Employer-Sponsored And Federal Exchange Plans: Wide Variations In Cost Sharing For Prescription Drugs.

Just under seven million Americans acquired private insurance through the new health insurance exchanges, or Marketplaces, in 2014. The exchange plans are required to cover essential health benefits, including prescription drugs. However, the generosity of prescription drug coverage in the plans...

Descripción completa

Detalles Bibliográficos
Publicado en:Health Affairs Vol. 34; no. 3; pp. 466 - 477
Autores principales: Buttorff, Christine, Andersen, Martin S., Riggs, Kevin R., Alexander, G. Caleb
Formato: Journal Article
Publicado: Health Affairs Publishing, LLC Mar2015
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ccm&AN=101427958&site=ehost-live
header:
  @attributes:
    shortDbName: ccm
    uiTerm: 101427958
    longDbName: CINAHL Complete
    uiTag: AN
  controlInfo:
    bkinfo:
    dissinfo:
    jinfo:
      jid:
        02782715
        HAF
      jtl: Health Affairs
      issn: 02782715
      maglogo: N
    pubinfo:
      dt: Mar2015
      vid: 34
      iid: 3
      pid: 1453
      pub: Health Affairs Publishing, LLC
      place: Washington, District of Columbia
    artinfo:
      ui:
        101427958
        103770411
        10.1377/hlthaff.2014.0615
        101427958
      ppf: 466
      ppct: 11
      formats:
      tig:
        atl: Comparing Employer-Sponsored And Federal Exchange Plans: Wide Variations In Cost Sharing For Prescription Drugs.
      aug:
        au:
          Buttorff, Christine
          Andersen, Martin S.
          Riggs, Kevin R.
          Alexander, G. Caleb
        affil: associate policy researcher, RAND Corporation, Arlington, Virginia
      sug:
        subj:
          Insurance, Pharmaceutical Services Economics
          Insurance, Health Economics
          Health Insurance Exchanges
          Health Benefit Plans, Employee
          Patient Protection and Affordable Care Act
          Comparative Studies
          Data Analysis
          Descriptive Statistics
          Human
          Funding Source
      ab: Just under seven million Americans acquired private insurance through the new health insurance exchanges, or Marketplaces, in 2014. The exchange plans are required to cover essential health benefits, including prescription drugs. However, the generosity of prescription drug coverage in the plans has not been well described. Our primary objective was to examine the variability in drug coverage in the exchanges across plan types (health maintenance organization or preferred provider organization) and metal tiers (bronze, silver, gold, and platinum). Our secondary objective was to compare the exchange coverage to employersponsored coverage. Analyzing prescription drug benefit design data for the federally facilitated exchanges, we found wide variation in enrollees' out-of-pocket costs for generic, preferred brand-name, nonpreferred brand-name, and specialty drugs, not only across metal tiers but also within those tiers across plan types. Compared to employer-sponsored plans, exchange plans generally had lower premiums but provided less generous drug coverage. However, for low-income enrollees who are eligible for cost-sharing subsidies, the exchange plans may be more comparable to employer-based coverage. Policies and programs to assist consumers in matching their prescription drug needs with a plan's benefit design may improve the financial protection for the newly insured.
      pubtype: Academic Journal
      doctype: Journal Article
      ougenre: Article
    language: English
    refInfo:
    holdings:
      @attributes:
        islocal: N