Coupons that drive up costs
October 25, 2016
When you think of coupons, your mind naturally associates them with discounts. But did you know there’s a coupon that can actually lead to higher costs?
The New York Times profiles how prescription drug coupons can actually drive up costs for consumers. The article cites researchers who found that “coupons for 23 select drugs with generic alternatives resulted in an extra $700 million to $2.7 billion in spending on drugs over five years.”
Regence is actively working with legislators, regulators and other stakeholders to combat rising drug costs. To learn more about this issue read “Drug Coupons: Helping a Few at the Expense of Everyone” in the New York Times.