Georgia Insurance Shop.com

I love that commercial. Always gives me a laugh.

But what is copay max?

It is an idea conceived by insurance carriers to overcharge policyholders for things they don’t need. Before copay’s, patients paid the doctor as billed. Same for prescription drugs.

There were no copays, you paid the retail price and more importantly, you knew exactly how much a doctor visit or prescription cost. Today no one knows how much it costs to go to the doctor, nor do they care.

Same for medication.

Copay’s are a convenience for the patient. Copay’s also allow the doc to hide from their patient the real cost of treatment and gives them free reign to write scripts for the most expensive meds.

I recently talked to a lady who had lost her job related group health insurance. She takes 6 different medications. When she was on a copay plan she paid almost $300 per month in Rx copays for her medication. When she lost her coverage she asked her doctor to rewrite her meds for something just as effective but less expensive.

Now her monthly medication cost is under $50.

This simple change, prompted by a loss of copays, saves her almost $3,000 per year.

And no, I am not shipping you.