Every year, insurance plans update the list of drugs that they cover, also known as their formulary. That means that some drugs covered this year won’t be covered next year. (In fact, more and more drugs are excluded from formularies each year.) And drugs that are new to the market might be covered soon. If you rely on health insurance to pay for your medications, now’s a good time to pay attention. See More
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With all of the attention on EpiPen prices recently, you may not be surprised to find that other drugs have seen similar price increases.
In the case of Aloquin, though, the rising cost is even more puzzling. Over the past year, Aloquin has increased from around $250 per tube of gel to over $9000—a price hike of more than 3500%.
Is Aloquin a one-of-a-kind drug?
Sort of. Aloquin is the only combination of just iodoquinol, an anti-fungal treatment, and aloe. See More
Americans, get ready for sticker shock at the pharmacy.
In 2017, the nation’s largest insurance companies will likely exclude up to 154 different drugs from coverage. If you’re taking one of these prescriptions, your co-pay is about to go way, way up.
Last year, popular drugs including Viagra and Qsymia were dropped by major insurance plans for 2016. The trend continues this year. Almost 50 popular brand-name and generic drugs will likely no longer be covered by one of the nation’s largest prescription insurance providers. See More