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UnitedHealthcare to share drug discounts with customers

People in high-deductible plans who buy drugs with big rebates will get the greatest savings from the move.

Drug prices The move to share discounts is one of several moves drug makers and health plans are taking to try to soothe disgruntled customers. (Photo: Shutterstock)

Health insurer UnitedHealthcare, says a New York Times report, has announced that instead of keeping millions of dollars in drug company discounts, it will share them with its customers.

Dan Schumacher, president of UnitedHealthcare, says in the report that “[t]he benefit could range from a few dollars to hundreds of dollars to over a thousand.”

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Marlene Satter

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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