Blue Shield of California last week said its drug cost transparency tools have saved $10 million in less than two years. In partnership with Gemini Health, the insurer in 2019 launched a point-of-prescription drug price comparison tool for participating physicians. The insurer says it will next focus on finding lower-cost alternatives for members’ long-time prescriptions. Blue Shield of California is currently the third-largest insurer in the state, with 3,275,534 members.
Source: AIS’s Directory of Health Plans