Effective June 1, 2019, Independence will begin to offer
drug rebates at the point of sale to fully-insured commercial members who have
prescription drug benefits and fill rebate-eligible brand medications through
retail pharmacies or the mail.
Independence has historically used the rebates received from drug
manufacturers to help offset all members’ prescription drug plan costs
and premiums. However, as drug costs continue to rise, Independence believes
there is a greater need for additional transparency and innovative methods that
ensure members are getting the best value, directly, for their health care
dollars.
To learn more about this initiative, please read the full press release.