Sea Change In Drug Assistance Programs May Be On Horizon
By Clint Hermes and Jennifer Michael (July 15, 2021, 5:17 PM EDT) -- High-cost biologics continue to command a growing share of the overall pharmaceutical market, placing an increasing financial strain on both patients and payors.
Some pharmaceutical manufacturers and patient advocacy groups believe that the government should promote patient access to expensive therapies by allowing manufacturers to subsidize federal health care beneficiaries' cost-sharing obligations for the manufacturers' own drugs.
Others, including government agencies, are concerned that allowing manufacturers to subsidize the cost-sharing obligations for their own drugs may threaten the sustainability of Medicare and other federal health care programs. Both may be right, leaving the industry at a crossroads.
This article provides a...
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