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March 30, 2017

Today's Featured Story

California Bill Would Require Disclosure of PBM Rebates
Reprinted from DRUG BENEFIT NEWS

California PBMs would be required to get state licenses and to disclose their rebates as part of a bill under consideration by California lawmakers. The proposal, which comes at a time when PBMs’ roles are under increased scrutiny both on the state level and nationally, also would develop requirements for PBMs to meet in order to be licensed. PBMs now are not regulated at all in California.... Read Full Story

American Well

Today's AIS Health Datapoint

$34.94 ... is the average copay for non-preferred brand drugs purchased at an in-network retail pharmacy for bronze PPO plans on SHOP exchanges. Roughly 58% of bronze PPO SHOP plans use this cost-sharing method, while the remainder use coinsurance, at an average 36% per prescription.

From AIS’s Rx BENEFIT DATA

 

People on the Move

New York Medicaid insurer Affinity Health Plan hired Michael Murphy to serve as its new president and CEO. He joins Affinity from Aetna Inc., and previously served as CEO of Coventry Health Care across multiple states before it was purchased by Aetna in 2013. Murphy succeeds former CEO Glenn MacFarlane, who resigned in June 2016, and James Hooley, who stepped down from the board of directors while serving as interim CEO….Partners Surgical Corporation appointed Kenny Hancock chief business development officer. Hancock previously co-founded three companies that focused on the development and acquisition of physician-owned surgical facilities.

 

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