|PR Newswire Association LLC|
HealthPocket found that among 2015 Obamacare metal plans whose rate filings have been made public, platinum plans incurred the lowest average out-of-pocket costs for the five common specialty drugs used in the study. The average out-of-pocket specialty drug costs for platinum plans were 64% lower than gold plans, 74% lower than silver plans, and 78% lower than bronze plans. Even though platinum plans have the highest premiums among the four categories of Obamacare health plans, their reduced co-payments and lower caps on annual out-of-pocket costs can translate into lower overall costs for people taking specialty drugs.
The difference in out-of-pocket costs was dramatic between the categories of Obamacare metal plans. For example, the specialty drug Humira used to treat inflammation could result in annual out-of-pocket costs of
"Specialty drugs represent an increasing percentage of insurance spending for prescription medications," said
HealthPocket.com is a free website that compares and ranks all health insurance plans available to an individual, family, or small business, allowing them to make their best health plan decisions and reduce out-of-pocket costs. HealthPocket uses only objective data from government, non-profit, and private sources that carry no conditions that might restrict the site from serving as an unbiased resource. Learn more at www.HealthPocket.com.