Answer to Question #92108 in Economics for neeraj

Question

Which of the following are ways that a private insurance company or the federal government controls rising prescription drug expenditures? (Choose all that apply)

a.Three tiered formularies

b.Cost sharing

c.Annual limits on the number of prescriptions that can be filled

d.Mandatory substitution of generics

e.Price controls

Answer 1

Cost sharing, annual limits on the number of prescriptions that can be filled, mandatory substitution of generics, and price controls are ways that a private insurance company or the federal government controls rising prescription drug expenditures. So, the correct answers are b, c, d, e.