Physician awareness of Rx costs boosts patient compliance

Description

Abstract: Prescription medications account for nearly 10% of total U.S. spending on health care, and an even larger share of the average patient’s out-of-pocket medical spending. Yet, despite the impact of prescription costs on patient finances and drug compliance, physician awareness of retail prescription costs has remained spotty, according to several studies, even as increases in the cost have skyrocketed. This article lists several actions physicians can take to maintain accurate information about prescription costs. This can lead to greater patient compliance and keep patients returning to the practice.