March 31st 2024
Greg Baker, CEO of AffirmedRx, describes his early career, shares some of his critical opinions about the pharmacy benefit management (PBM) industry and how, in his view, his company is offering a better alternative.
Aetna rethinks its pharmacy strategy, brings business in-house
December 1st 2002National Reports- The escalating cost of pharmacy benefits gainedattention when Aetna announced that it would keep its pharmacy operationin-house and terminate its outside mail-order contract with Express Scripts.
Read More
Consumers can weigh options for Rx drugs
December 1st 2002National Reports - Informing and educating members is the goal of manyhealth plans of late, and CIGNA is no exception. Its PharmaAdvisor givesmembers access to an independent, objective service that allows them tomake comparisons of prescription drugs, their side effects, costs, and genericalternatives.
Read More
Blues attack pharma innovation
July 1st 2002Washington, D.C. - Instead of developing innovative, break-through therapies, pharmaceutical companies devote most of their resources to modifying existing medications, according to the latest report from the National Institute for Health Care Management Foundation (NIHCM). Release of the study further escalated already heightened rhetoric between health plans and drug makers over rising drug costs. "Highly innovative drugs are rare," said Nancy Chockley, president of NIHCM, which is supported primarily by Blue Cross and Blue Shield Assns.
Read More
Inspector General questions Rx drug coverage information
July 1st 2002Washington, D.C. - Medicare+Choice plans do a poor job explaining the intricacies of drug coverage plans to seniors, according to a report from the Office of the Inspector General (OIG) in the Department of Health and Human Services (HHS) ("Medicare HMO Prescription Drug Benefits," May 2002, OEI-03-00-00430, at http://oig.hhs.gov/oei/reports).
Read More
This Managed Healthcare Executive supplement was produced through an unrestristed educational grant from Bayer Corporation. The views and opinions in this supplement are those of the faculty and do not necessarily reflect the views of Managed Healthcare Executive, Advanstar Communications Inc., or Advanstar Medical Education Services. Copyright 2002 Advanstar Communications Inc. All rights reserved.
Read More