freebeacon
Ali Meyer
September 12, 2017 5:00 am
Out-of-pocket costs for specialty drugs under the Affordable Care Act increased 16 percent from 2016 to 2017, according to a report from HealthPocket.
While prescription drug coverage comes standard with Obamacare plans, not all medications prescribed to individuals will be paid for.
"For a plan to help pay for a drug, the drug must first be included on the health plan's formulary," the report states. "Drugs that are off-formulary are not only paid for completely out-of-pocket by the enrollee but those expenses do not count towards the annual cap on out-of-pocket spending."
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