If you're wondering how rebates for prescription drugs work and why they matter in the debate about lowering drug costs, here's your answer. This video breaks down how prescription drug rebates are determined, who benefits from them, how they affect spending by insurers and consumers, and, of course, the role of pharmacy benefit managers in the process.
The Trump Administration had proposed banning such rebates in Medicare Part D, but dropped the proposal amid concerns that it would lead to higher costs for insurers, consumers and the Medicare program. It is still possible that policymakers could make changes to the rebate system. They are also talking about many other ways to lower drug costs.
The animation is part of a broad collection of KFF analysis and data on prescription drugs.
- Prescription Drug Rebates, Explained ( Download)
- The Economics of Pharmaceutical Rebates ( Download)
- How Prescription Drug Coverage Works: Formulary Tiers, PBM, Rebates, Spread-Pricing Explained ( Download)
- How prescription drug rebates reduce costs ( Download)
- How Drug Prices Work | WSJ ( Download)
- PBM Drug Rebates ( Download)
- Understanding Your Drug Costs: Follow the Pill ( Download)
- Here's how drug rebates work ( Download)
- Health Insurance Carriers Are Prescription Drug Pushers ( Download)
- Understanding the Role of Rebates in Prescription Drug Pricing ( Download)
- How pharmacy benefit managers influence drug pricing ( Download)
- Drug rebates in Medicare Part D ( Download)
- Pharmacy Benefit Manager (PBM) Games ( Download)
- How Mark Cuban Is Trying to Disrupt Big Pharma | WSJ ( Download)
- Understanding the Prescription Drug Formulary ( Download)