New V-BID Center Video Details How Precision Co-Pay Assistance Programs Enhance Access to Clinically Indicated Therapies
Consumer cost-sharing for prescription drugs is high and getting higher. To address the high out-of-pocket medication costs, patient assistance programs, such as co-pay cards, have become available to reduce consumers’ financial liability. However, the use of co-pay assistance for medications for which there is an effective, lower-cost alternative is deemed as financially burdensome to the healthcare system.
To counteract this inefficiency, Accumulator Adjuster Programs – which prevent co-pay assistance funds from being applied to patients’ deductibles – are increasingly being implemented, resulting in greater patient financial responsibility and potential disruption of recommended treatments.
Our new “Precision Co-Pay Assistance Program” whiteboard video introduces a clinically nuanced solution designed to ensure access to clinically indicated therapies.
V-BID Center Director, A. Mark Fendrick, MD, is available for questions or comments at vbidcenter@umich.edu or (734) 615-9635.
Learn more about Precision Patient Assistance and V-BID.
Check out our materials on patient assistance programs by clicking one of the buttons below.
Patient Assistance Infographic Precision Patient Assistance Brief
