From Drug Benefit News - While PBMs have begun making bold moves to manage the cost of compounded medications through coverage changes and even contract terminations (see story, p. 1), a new limited network has popped up that seeks to preserve these specialized medicines as a covered benefit by excluding the “players that have given the compounding industry a bad name.” United Compounding Network (UCN) is meant to be a closed, limited network that includes the “best 1%” of compounded pharmacies so that payers don’t have to do the legwork involved with credentialing and contracting to avoid waste. Read more
From Drug Benefit News - Earlier this month, rumors of a possible sale of Humana Inc.’s PBM division began swirling after TheStreet.com said the insurer was evaluating strategic options for Humana Pharmacy Solutions and suggested that the PBM could be gobbled up for as much as $7 billion by Catamaran Corp., CVS Caremark Corp. or Express Scripts Holding Co. But while speaking at a recent health care conference, Humana President and CEO Bruce Broussard appeared… Read more
From Drug Benefit News - The increased use and spend associated with compounded medications has become a hot-button topic in recent months as payers have noticed these therapies creeping into their top 10 drug spend lists and Express Scripts Holding Co. reported that utilization among its clients jumped 30% in 2013 (DBN 4/18/14, p. 1). Similarly, Catamaran Corp. Read more
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