Monday, March 2, 2020

Oscar Health last week unveiled an initiative to...

...cap the cost of about 100 common drugs — including high-priced insulin — at $3 per month. The new formulary became available to the insurer's individual members on Jan. 1, 2020. Oscar's pharma VP, Vinod Mitta, M.D, said in a press release that the 100 drugs "represent 90% of the use cases that somebody might need a prescription for." Oscar currently enrolls about 217,000 individual members in seven states.

From AIS’s Directory of Health Plans

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