Rx Patient Assistance Programs – A Growing Risk Transfer Strategy

The Hot Potato Risk Transfer Method

Employers, Insurers Use Patient Assistance Programs To Offset Their Own Costs

Rx patient assistance programs become a de facto stop loss policy (and lucrative boon for third party intermediaries facilitating the process). Add in IRC 501r for good measure and a plan can cut costs back to 1980’s levels. Then add in DPC, controlled referrals, and cash pay and you’ve freed up so much money you can buy each employee a Cadillac for Xmas plus a week’s vacation in Tahiti. Life is good.

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Launch of ‘Business for Medicare for All’

“We are business owners who believe our health insurance costs should not increase every year by double digits. Our payments to profiteering health insurers have swelled as our employees have been offered worse health care coverage. At our companies, rising costs paired with declining performance is unacceptable. So why should we accept this exploitation of our companies from health insurers?”

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