Bylowering co-payments on prescription drugs and promoting diseasemanagement companies can cut health care costs, finds a three-year study commissioned by theFlorida Health Care Coalition.
"The increased cost of fully following a prescribed drug regimenis more than offset by fewer emergency-room visits and inpatienthospitalizations. The disease management program is yet another outreach to assistand remind employees of the importance of using their medicationsto control their chronic illness."
The study, which was reported in journal Health Affairs, showsthe direct cost benefits to companies that implement "value-basedinsurance design" and use it with a disease management programthat promotes and educates employees about preventive health care.Companies can earn a return of $1.33 return via lower co-paymentsfor every dollar spent up front on medication during a three-yearfollow-up period, the study reveals.
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