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The insurance benefit manager recognizes the drug as a TIER 3 brand for the patient and relays the patient co-pay to be $30.00. The co-pay card benefit manager recognizes the $30.00 and covers the $20.00 of co-pay, leaving $10 for the patient to pay out of pocket. Another patient without prescription insurance coverage follows the same process.
Rivaroxaban, sold under the brand name Xarelto among others, is an anticoagulant medication (blood thinner) used to treat and prevent blood clots. [8] Specifically it is used to treat deep vein thrombosis and pulmonary emboli and prevent blood clots in atrial fibrillation and following hip or knee surgery. [ 8 ]
An analysis by KFF, a private nonprofit health policy organization, found that of the 167 million people with employer health insurance, 3.4 million took one of 10 drugs negotiated by Medicare.
Older Americans on Medicare will save over $1.5 billion every year in out-of-pocket costs due to the drug price discounts, U.S. Senate Majority Leader Charles Schumer, D-NY, said in a statement.
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Xarelto, meanwhile, contributed $587 million, a decrease of 7.9% year over year. The two drugs brought in a combined $13.2 billion in revenue in 2023, with Xarelto reporting slower sales year over ...
GSC's was founded in 1957 in Windsor, Ontario. The founder, pharmacist Bill Wilkinson, and four other pharmacists created Canada's first pre-paid drug plan, and started the company as Prescription Services Inc. [4] [5] GSC policies focus on prioritizing evidence-based treatments, [6] [7] preventive care [8] and claims management strategies.
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