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Pedestrians walk past Aetna headquarters in Hartford, Connecticut.
Aetna will pass along rebates to some consumers amid growing demand for transparency over drug prices.
The health insurer said Tuesday of which will automatically apply the discounts of which negotiates with pharmaceutical manufacturers with its commercial fully insured plan members at the time of sale starting in 2019. The brand new policy could affect 3 million Aetna customers.
UnitedHealth Group announced a similar policy earlier This specific month.
Aetna said a majority of rebates are already shared, nevertheless greater transparency is actually needed within the pharmaceutical supply chain in response to drug prices rising nearly 25 percent between 2012 in addition to 2016.
Companies along the pharmaceutical supply chain have pointed fingers at one another when casting blame for high drug prices. Manufacturers say list prices aren’t actually what people are paying, since they negotiate discounts with insurers in addition to pharmacy benefits managers. The different side says drugmakers are the ones who keep raising prices.
“We have always believed of which consumers should benefit through discounts in addition to rebates of which we negotiate with drug manufacturers,” said Aetna CEO Mark Bertolini said in a statement. “Going forward, we desire This specific additional transparency will encourage these companies to rationalize their pricing in addition to end the practice of annual double-digit cost increases.”