Miami Herald: Preferred voluntarily caps HIV drug prices

Miami Herald: Preferred voluntarily caps HIV drug prices

By Nicholas Nehamas

The last of four Florida insurers blasted by AIDs activists for the high cost of their HIV drugs relented last week, saying it would cap what patients pay every month for four types of medication.

“We will voluntarily agree to set an out-of-pocket limitation of $200 per month on each of the following drugs: Atripla, Complera, Stribild, and Fuzeon,” Preferred Medical Plan CEO Tamara Meyerson wrote to Kevin McCarty, commissioner of the Florida Office of Insurance Regulation, in a Jan. 14 letter.

The other three companies — Coventry Health Care, Humana and Cigna — had earlier reached formal agreements with state regulators to lower their prices and to fill prescriptions without prior authorization for 2015.

Preferred did not violate Florida’s anti-discrimination laws, said Amy Bogner, a spokeswoman for the state’s insurance office.

Read the full article here. »

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