May

With One Drug-Supply Issue in Check, Another May Be Looming

May 28, 2020

While the COVID-19 pandemic led to worrying spikes in demand for certain drugs back in March and April — spurring PBMs to swiftly establish dispensing limits — that particular storm appears to have passed. However, a push to reduce reliance on foreign-produced medicines could be the next cause for concern about the drug supply chain.

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Scarcity, Geography Will Shape COVID-19 Vaccine Rollout

May 28, 2020

The rollout of a vaccine for SARS-CoV-2, the virus that causes COVID-19, is an unprecedented logistical challenge. So will be deciding who gets it: experts say that the initial vaccine supply will not be large enough to dose everyone who wants it — and payers and PBMs will have a large role to play in distributing the medicine to the right people quickly.

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About 1,750 Medicare Rx Plans Join Fixed-Insulin-Copay Demo

May 28, 2020

The Trump administration on May 26 shared new details about a program that offers diabetic seniors access to a variety of insulin products for a maximum $35-per-month copay.

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Navitus Achieves Double-Digit Savings for New Clients in 2019

May 28, 2020

Navitus Health Solutions, a PBM that touts a 100% pass-through rebate model and a lowest-net-cost formulary, says it is seeing success in moderating total net cost per-member per-month (PMPM), particularly for new clients.

The company’s 2019 Drug Trend report, released in May, found that Navitus achieved  what it called an “industry-leading” total net cost PMPM of $78.12 across its commercial business, 16% lower than the forecasted industry average of $93.11 PMPM.

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CVS Reports Lowest Drug Trend in Years

May 28, 2020

by Jinghong Chen CVS Health Corp.’s 2019 drug trend report shows a 1.4% overall trend, the lowest in five years, and said 41% of its commercial clients saw negative trend. Specialty drugs accounted for almost half of all spending and remained the fastest growing spending category in the pharmacy benefit. Autoimmune treatments, including some of […]

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News Briefs

May 28, 2020

✦ A poll by the Kaiser Family Foundation found that the deepening economic crisis has made some patients struggle to afford their prescription medication, among other essentials. According to the poll, 8% of Americans have had difficulty paying for medicine since the start of the coronavirus outbreak, while 13% reported problems paying for food, 11% struggled to pay medical bills, and 9% had trouble affording health coverage. Read the poll results at https://bit.ly/2AdXWjI.

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