Payer Transparency Reforms: Moving From Rebates To Drug Access Restrictions

Institute for Clinical and Economic Review analysis of whether payers are providing ‘fair access’ to fairly priced drugs was hampered by a lack of transparency among payers, leading to calls for reform.

Drug pricing transparency (Nielsen Hobbs; the Pink Sheet | Alamy images)
Shining more light on pricing Could Ensure Fair Access To Drugs, ICER Says • Source: Nielsen Hobbs; the Pink Sheet | Alamy images

A new “exploratory” report from the Institute for Clinical and Economic Review highlights the lack of information available on US payer decisions regarding formulary placement and utilization management restrictions for prescription drugs, suggesting a new area of focus in the broader push for US payer transparency.

ICER’s first annual “Barriers to Fair Access” assessment of prescription drug coverage policies among US commercial insurers looks at the coverage policies established by the largest payers for 28...

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