Aetna to Provide Pharmacy Rebates at Time of Sale, Encourages Transparency from Drug Manufacturers

HARTFORD, Conn.--(BUSINESS WIRE)--Beginning in 2019, Aetna (NYSE: AET) will automatically apply pharmacy rebates at the time of sale for its Commercial fully insured plan members. While the majority of rebates have always been passed on to plan sponsors and their employees through lower premiums, Aetna believes that greater transparency is needed throughout the pharmaceutical supply chain in response to the nearly 25 percent increase in drug prices between 2012 and 2016.