Tag: Medicare Part D
Pharmacy Reimbursement Models: How Laws Impact Generic Drug Payments
Pharmacy reimbursement models determine how pharmacies get paid for generic drugs. Federal and state laws like the Hatch-Waxman Act and Medicare Part D rules shape these payments. Understanding these models explains why generics are cheaper yet pharmacies face tight margins. Current changes like the Medicare $2 Drug List aim to improve access and savings.
How to Check Drug Coverage Tiers and Formulary Changes for Medicare Part D
Learn how to check your Medicare Part D drug coverage tiers and spot formulary changes before they raise your medication costs. Save money by knowing what's covered and when it changes.
Out-of-Pocket Costs: What Patients Really Pay for Generic vs Brand-Name Drugs
Generic drugs usually cost 80-85% less than brand-name drugs, but out-of-pocket costs can vary wildly based on insurance. Medicare Part D patients sometimes pay more for generics due to coverage gap rules. Learn how to save on prescriptions.