United Benefit Advisors Insight and Analysis Blog

Which Employers Are Incentivizing Generic Drugs Over Brand Name?

Posted by: Bill Olson    Aug 4, 2016 10:30:00 AM

According to UBA’s new Special Report – Trends in Prescription Drug Benefits, 61.8% of plans required employees to pay more when they elect brand-name drugs over an available generic drug (a 5.5% increase from 2014); 37.9% of those plans require the added cost even if the physician notes “dispense as written.” On the other hand, only 1% of plans offer no coverage for brand-name drugs if generics are available and 37.2% offer no added cost coverage. So while most employers aren’t completely penalizing those who choose brand-name drugs, more and more plans are requiring employees to pay higher copays when they elect brand-name drugs.

Read More

Topics: UBA Health Plan Survey, prescription drug cost, Scott Deru, prescription drug trends, brand-name vs generic drugs