November 21, 2016
An analysis from Visante quantifying how PBMs generate $6 in savings for each $1 spent on their services. Major Findings...
Health plans and employers offer their members and employees the option of lower copayments on 90-day supplies of medications if they choose home delivery. This provides significant cost savings for both consumers and payers. Mail-service pharmacies are able to keep prescription drug costs down since they are more efficient than other types of pharmacies and have lower overhead costs.
When an employer or health plan elects to require the use of mail-service for the delivery of maintenance medications, patients typically have their prescription filled in a brick-and-mortar pharmacy. This allows the patient and their health care provider to ensure that the prescribed regimen is well-tolerated and effective.
September 13, 2016
This survey of 400 small business owners and medium-to-large business executives, conducted online July 26-29, 2016, shows that business leaders...
June 08, 2016
In New York, the State Senate and the State Assembly are considering legislation that if enacted into law would raise...
February 08, 2017
(Washington, D.C.) — As part of its DrugBenefitSolutions.com campaign, the Pharmaceutical Care Management Association (PCMA) today released a new video,...
January 11, 2017
(Washington, D.C.) — The Eighth Circuit Court of Appeals today struck down an Iowa law that restricted tools used by...
September 13, 2016
(Washington, D.C.) — America’s employers are concerned about high drug prices and think private sector solutions would address the issue...
What is a specialty pharmacy network?
To maximize the patient benefit of drug treatments, preferred specialty pharmacy networks are used to deliver high-quality, accessible pharmacy services.
What is a PBM?
These drugs are best defined by the full range of each product's attributes, rather than solely by cost and route of administration.
What tools do PBMs use?
The total costs and utilization of specialty drugs will have a substantial impact on overall health care costs during the next decade.
How can preferred networks provide savings?
Consumers have many pharmacy choices according to data from the CMS National Provider Identifier (NPI) Registry.