Drug Price Transparency
Making medication pricing information readily available and understandable to patients and healthcare providers.
Drug price transparency involves making medication pricing information readily available and understandable to patients and healthcare providers. This includes showing actual drug costs, insurance coverage details, available discounts, and lower-cost alternatives. Price transparency helps patients make informed decisions, enables cost-effective prescribing, and promotes competition in the pharmaceutical market. Transparent pricing can improve medication adherence by reducing financial surprises and barriers.
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