Navigation Links
New Consumer Survey Finds Overwhelming Satisfaction with Pharmacy Benefits
Date:12/5/2011

WASHINGTON, Dec. 5, 2011 /PRNewswire-USNewswire/ -- A new national survey shows that consumers are highly satisfied with their prescription drug benefits and the variety of drugs and drugstores they provide, the Pharmaceutical Care Management Association (PCMA) said today. The survey also found that consumers care most about holding down costs and are extremely skeptical of proposals that would protect drugstores but raise prescription drug costs.

"While there is always more that can be done, consumers appreciate the savings and access that pharmacy benefit managers deliver," said PCMA President and CEO Mark Merritt. "Likewise, consumers are unwilling to pay more in order to protect the financial interests of drugstores. For example, 84% are unwilling to pay higher premiums in order to add more drugstores to their networks."

Topline results of the national survey of consumers with prescription drug benefits include:

Click here to read the survey.

  1. Insured adults are overwhelmingly satisfied with their current prescription drug coverage, including covered drugs and access to stores. These adults are satisfied with their coverage by an 89 to 8 percent margin, saying they have access to a wide variety of drugs by an 83 to 8 percent margin and have access to a wide variety of drug stores by an 87 to 8 percent margin. Medicare enrollees with prescription drug benefits are satisfied by an 87 to 9 percent margin.
  2. Cost savings trump wider drug store and prescription drug access. Asked which objective is most important for their prescription drug plan, 56 percent say "holding down premiums and other out-of-pocket costs," 18 percent say "access to every brand-name prescription drug," and 17 percent say "access to every drug store in [their] area."
  3. More than four-fifths of insured adults are unwilling to pay higher premiums to gain access to more drug stores. Just 12 percent of these respondents would be willing to pay a higher premium if their drug plan added more drug stores to its network, while 84 percent would not be willing to pay more.
  4. Respondents who have tried mail service delivery of prescription drugs for ongoing conditions are satisfied with the service by more than a six-to-one margin. Among the 31 percent of insured adults who have tried mail service delivery, 89 percent are satisfied with the service and 10 percent are dissatisfied.
  5. More than two-thirds of insured adults want drug plans to reduce costs for consumers. Those polled agree that "prescription drug plans should try to reduce prescription drug costs for consumers as much as possible, even if it means drug stores make less money," rather than "prescription drug plans should protect drug stores' ability to make money, even if it raises prescription drug costs, because they are a vital business in many communities," by a 70 to 19 percent margin.

PCMA represents the nation's pharmacy benefit managers (PBMs), which improve affordability and quality of care through the use of electronic prescribing (e-prescribing), generic alternatives, mail-service pharmacies, and other innovative tools for 200-plus million Americans.

Follow PCMA on Twitter


'/>"/>
SOURCE Pharmaceutical Care Management Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. FDA CONSUMER HEALTH INFORMATION - FDAs MedWatch Safety Alerts: October 2011
2. Disability, Consumer, Caregiver, Provider Groups Urge Super Committee to Reject Budget Cuts that Restrict Access to Healthcare at Home
3. FDA Consumer Health Information - Video: Get Smart About Antibiotics
4. Consumers Union Urges Congress to Strengthen Medical Device Oversight
5. US Direct-To-Consumer (DTC) Advertising in Pharmaceuticals Industry
6. FDA CONSUMER HEALTH INFORMATION - Improperly Discarded Sharps Can Be Dangerous
7. FDA Consumer Health Information - Lock It Up: Medicine Safety in Your Home
8. FTC Study Finds that in FY 2011, Pharmaceutical Industry Continued to Make Numerous Business Deals that Delay Consumers Access to Lower-Cost Generic Drugs
9. ADFLOW Health Networks and Stayhealthy Form Strategic Partnership to Deploy the Most Comprehensive Biometric Screening and Consumer Health Engagement Platform in U.S.
10. FDA CONSUMER HEALTH INFORMATION - Oct. 20 Webinar—FDAs MedWatch System: How to Report Adverse Events
11. CVS/pharmacy Survey Reveals Consumer Misconceptions Standing in the Way of Getting a Flu Shot
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... 2016 Research and Markets has announced ... Forecast to 2022" report to their offering. ... the patients with kidney failure, it replaces the function of ... patient,s blood and thus the treatment helps to keep the ... balance. Increasing number of ESRD patients & ...
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
(Date:6/23/2016)... and INDIANAPOLIS , June 23, ... a Lilly Diabetes Tomorrow,s Leaders Scholarship is any indication, ... winners, announced today online at www.diabetesscholars.org by ... 1 diabetes stand in the way of academic and ... the Foundation,s scholarship program since 2012, and continues to ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the ... In terms of the latter, setting the bar too high can result in disappointment, ... just slow progress toward their goal. , Research from PsychTests.com reveals ...
(Date:6/24/2016)... , ... June 24, 2016 , ... Marcy was in a crisis. Her son James, ... out at his family verbally and physically. , “When something upset him, he couldn’t control ... use it. He would throw rocks at my other children and say he was going ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA ... the Road To Recovery® program to drive cancer patients to and from their cancer ... ensure the highest quality of life and ongoing independence. Getting to and from ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... proud to recognize Dr. Barry M. Weintraub as a prominent plastic surgeon and ... women in the world, and the most handsome men, look naturally attractive. Plastic ...
(Date:6/24/2016)... ... 24, 2016 , ... Venture Construction Group (VCG) sponsors Luke’s Wings ... 20th at the Woodmont Country Club at 1201 Rockville Pike, Rockville, Maryland, 20852. ... service members that have been wounded in battle and their families. Venture Construction Group ...
Breaking Medicine News(10 mins):