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Warning: Avoid Copay Accumulator in Open Enrollment

Warning: Avoid Copay Accumulator in Open Enrollment

Nov 11, 2019 | Copay Accumulators, News

Here’s the first thing every patient should check before picking a health insurance plan during open enrollment: Does the plan have a copay accumulator? Insurance companies use copay accumulator programs to increase a patient’s out-of-pocket costs, and they are...
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Warning: Avoid Copay Accumulator in Open Enrollment

New CMS co-pay rule will increase out-of-pocket costs in 2020

Sep 9, 2019 | Copay Accumulators, Drug Costs, News, Out of Pocket Costs

Get ready for higher out-of-pocket costs in 2020. Last week, the Trump administration’s Centers for Medicare & Medicaid Services quietly announced new co-pay rules that will allow insurance companies to increase patients’ out-of-pocket costs in 2020....
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Statement on Proposed Bills to Ban Copay Accumulators in Virginia

Aug 6, 2019 | Copay Accumulators, Copay Assistance, News

Patients Rising Now applauds the proposed legislation by both the Virginia Senate (SB 1596) and Virginia House (HB 2515) banning the use of copay accumulator adjustment programs in the state, protecting Virginians who need this vital assistance. In 2018, many insurers...
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Telling the Truth About Copay Accumulators

Aug 6, 2019 | Copay Accumulators, Issues, State Issues

In 2018, many insurers and pharmacy benefit managers (PBMs) introduced copay accumulator programs to the American public, using such pleasant sounding names as “Out of Pocket Protection” and “Coupon Adjustment: Benefit Plan Protection” to lull consumers into believing...
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