This of course, makes it virtually impossible to accurately collect a copay
at the time of service.
For employers such as Pitney Bowes, the world's leading mailstream solutions provider, one answer is lowering or waiving employees' copays
on prescription drugs.
Before that happens, however, plans offering three-tiered copays
will need to do a better job of educating patients about how the system works, according to Judith Cahill, executive director of the Academy of Managed Care Pharmacy, an Alexandria, Va.
By reducing the amount of copay
due from patients for prescriptions, copay
offset cards reduce the amount of outlay required for patients.
The Governor also expresses concerns for the financial consequences a home health copay
would have on state Medicaid programs.
On the other hand, an individual who chooses to forego the copays
in favor of a "high deductible health plan" gets to pay all of his eligible medical expenses--not only doctor visits and prescription drugs, but also bigger costs like ER and hospital claims, and even non-medical expenses like dental and vision--with tax-free dollars.
You might also consider posting a sign in your reception area that advises patients, "If you are unable to remit your copay
today, please see the receptionist so we can reschedule your appointment.
69% of financial services employees pay $25 or more in office-visit copays
In addition to the information on consumer copays
, the report includes data on spending trends for non-specialty and specialty drugs, utilization by age and gender, reviews of nine non-specialty and seven specialty therapy classes and trend forecasts through 2011 for non-specialty and specialty drugs.
Though banned as illegal kickbacks in federal health programs, copay
coupons are unregulated in the commercial market (except Massachusetts).
This study is unique because it is more likely to represent the behavior of average patients and because it considers important variables that have not been included in other copay
and drug compliance studies," said Dr.
There is now web site access to the formulary and copays
that gives employees good information about their choices.