News

CDPHP® is committed to providing you with timely, useful, and actionable information and resources on topics related to health, wellness, and our corporate activities. In this section, you can find news, perspectives and commentary, and updates on industry challenges that may affect our company, our constituents, and the communities we serve.

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Recently posted in News

Health insurance rate hikes

Don’t Shoot the Messenger

When the price of a product is low, no one seems to care. But when product prices rise, everyone wants to know why. Suddenly, Congress is holding hearings, analysts on major news networks are weighing in, and the American public is paying attention. Rightfully so, you deserve to know where your hard-earned money is being spent. continue reading

drug costs

The True Culprits Behind Rising Generic Drug Costs

For years, health plans – like CDPHP – have encouraged members to request generic drugs as a way to save money. Generics, which are chemically identical to their brand-name counterparts, are created after a drug patent expires. They can often be sold at a fraction of the price because the manufacturer doesn’t assume the cost of developing the drug. However, the recent rise in the cost of many generic medications is causing major concern among health industry experts as doctors, patients, and health plans run out of alternatives for pricey prescriptions.

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Price transparency

Price Transparency in Health Care

When you walk into a store, do you purchase the first item you see that meets your needs? Probably not. Depending on what kind of consumer you are, maybe you go from store to store, look for online deals, wait for sales, or comparison shop to get the best value for the lowest price. continue reading