BioCentury
ARTICLE | Politics & Policy

Aetna will pass rebates directly to consumers

March 27, 2018 9:34 PM UTC

HHS Secretary Alex Azar on Tuesday applauded a decision by Aetna Inc. (NYSE:AET) to pass rebates from drug manufacturers directly to its customers at the time they fill prescriptions in an effort to increase transparency surrounding drug pricing.

“Transparency is key to lowering healthcare costs,” Azar said in a tweet. CMS Administrator Seema Verma also praised Aetna's decision, calling it "fantastic news" in a tweet Tuesday...