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Pills on coin stacks It may take a couple of years for patients and providers to adapt to the strategy, but once they do, the savings are significant. (Photo: Shutterstock)

A new study published in the Journal of the American Medical Association shows that reference-based pricing can help lower the annual cost of drugs for both employers and employees.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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