Insurance Spat Leads to Less Rx Coverage for Some
The health reform act will require coverage of all drugs beginning in 2014, but Washington's insurance commissioner and the state's largest insurance companies are facing off over a move to eliminate drug coverage entirely under one plan.
July 3, 2012 A fight between the Washington state insurance commissioner and the state’s largest seller of individual health insurance is spotlighting problems in that increasingly troubled market. The spat arose over insurers’ efforts to curb soaring premiums by restricting or eliminating prescription drug benefits.
Experts say they haven’t yet seen similar moves by insurers in other states to axe drug coverage from policies sold in the individual market. But some predict expensive drug benefits will offer an inviting target.
