New ACA Coverage Enrollees Increased Prescription Use And Lowered Spending

http://goo.gl/Y9gzyj

The newly insured people filled, on average, 28 percent more prescriptions and had 29 percent less out-of-pocket spending per prescription in 2014 compared to 2013. Those gaining Medicaid coverage had larger increases in prescription fill rates (79 percent) and reductions in out-of-pocket spending per prescription (58 percent) than those who gained private insurance (with 28 percent more fills and 29 percent less out-of-pocket spending per fill). The study, by Andrew W. Mulcahy, Christine Eibner, and Kenneth Finegold, identified individuals with five chronic condition categories: diabetes, hormone therapy for breast cancer, depression or anxiety, asthma or chronic obstructive pulmonary disease (COPD), and high cholesterol or triglycerides.