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Mylan said that out of the 608 list price for EpiPen, it gets only 274.
But a spokeswoman for Mylan said that more than 90 percent of Medicare and Medicaid patients have coverage for EpiPen.The list price of that drug can set patients back as much as 600, up from about 60 in 2007.The company announced in a statement, thursday it will offer a savings card that will cover up to 300 of the EpiPen 2-Pak for "patients who are facing the burden of higher out-of-pocket costs.".Plus, many people won't be able to get the EpiPen discount.Mylan should not offer after-the-fact discounts only for a select few it should reverse its massive price increases across the board immediately, Representative Elijah.Co-pay assistance can even increase revenues by getting more patients to use a drug, for which insurance companies must then pay.Order Reprints, todays Paper, subscribe.If an insured patient is paying full price because of a high deductible, the coupon will cut the cost in half, to about 300 from 600.Responding to a growing furor from consumers and politicians, the pharmaceutical company Mylan said on Thursday that it would lower the out-of-pocket costs to some patients who need EpiPens, which are used to treat life-threatening allergy attacks.Here is how it breaks down for EpiPen after the measures announced by Mylan on Thursday.But some experts say the cards won't solve the bigger problem at hand.
Also, providing financial assistance only to those who need it reduces a pharmaceutical manufacturers revenue much less than cutting prices across the board.
The largest group of EpiPen users, accounting for an estimated 70 percent of the total, have commercial insurance.
The Washington Post, "These don't actually do anything about the price itself, because the high price is still being paid by the insurer, which then ends up being reflected in increasing premiums.
The discounts call attention to how the out-of-pocket costs for drugs vary widely for consumers, depending on their insurance coverage.
They typically have to pay the full price.Mylan will now give free EpiPens to uninsured patients with incomes below 400 percent of the federal poverty level.This is not a public health solution.".Drug companies are not allowed steam gift via email to provide co-pay assistance to such patients because it is considered a kickback, an illegal financial inducement to get someone to use a product for which the government is then billed.Some drug companies give money to charities that are allowed to provide co-pay assistance to such patients.