Navigation Links
Prime Therapeutics Announces Pharmacy Offering with Guaranteed Net Spend Per Prescription
Date:8/11/2011

ST. PAUL, Minn., Aug. 11, 2011 /PRNewswire/ -- Prime Therapeutics, one of the nation's leading pharmacy benefit managers (PBM), has launched four new benefits packages offering a complete spectrum of options from rich benefits to deep savings. One of the new plans, Reliance, comes with a net drug spend guarantee of $47 per prescription.

"Our Reliance plan keeps costs predictable for plan sponsors," said Michael Showalter, Prime Chief Marketing Officer. "The goal is to make pharmacy benefits easy, understandable and affordable. Through Reliance, there will be no surprises, allowing organizations to better plan for and manage their pharmacy costs and reduce overall health care costs, while providing excellent benefits. We provide a single number demonstrating the true cost of care – $47. We are the only PBM to back that up with a price guarantee and complete price transparency."

Reliance includes a four-tier generics-focused formulary, access to drugs through PrimeMail® and a national network of retail pharmacies and utilization management programs aimed at improving patient safety and encouraging use of effective lower cost medications. By taking advantage of recommended benefit options, Reliance will encourage adoption of behaviors that help keep individuals healthy and hold down costs.

Prime is also releasing three additional benefits packages: Essential, Keystone and Premier. For plan sponsors in need of even greater pharmacy savings, the Essential offering provides the greatest cost savings by encouraging mail service delivery and generic medications. The Keystone and Premier options will offer a wider range of pharmacy options and medication choices, but at higher costs than the other two options provide.

"In these times of economic uncertainty and rising health care spend, organizations need to have predictable and manageable costs, but they also want to offer competitive benefits to their employees," said Showalter. "Our four new offerings allow plan sponsors to select from a spectrum of options that emphasize either a wide range of medication choices, a wider range of pharmacy options, predictable costs or deep savings."

Prime's new benefit designs were available beginning in July.

Prime Therapeutics is a pharmacy benefit management company dedicated to providing innovative, clinically-based, cost-effective pharmacy solutions for clients and members. Providing pharmacy benefit services nationwide to nearly 17 million covered lives, its client base includes Blue Cross and Blue Shield Plans, employer and union groups, and third-party administrators. Headquartered in St. Paul, Minnesota, Prime Therapeutics is collectively owned by 12 Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those Plans. Learn more at www.primetherapeutics.com.


'/>"/>
SOURCE Prime Therapeutics
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Michael Showalter Joins Prime Therapeutics As Chief Marketing Officer
2. Prime Therapeutics Vice President of Specialty Pharmacy Solutions Presents at 6th Annual Executive Forum on Pharmacy Benefit Management Strategies
3. Cardinal Health, Prime Therapeutics Renew Primary Distribution Agreement
4. BGI Releases a Complete De Novo E. Coli O104 Genome Assembly and is Making Its Detection Kit Protocols and Synthesized Primers Freely Available to Worldwide Disease Control and Research Agencies
5. TriLink BioTechnologies, Inc. Awarded European Patent for CleanAmp™ Primers
6. Prime Therapeutics President and CEO Eric Elliott Delivers Speech at University of Minnesota College of Pharmacy Dialogues in Managed Care Leadership 2011
7. Inovio Pharmaceuticals, Transgene and ChronTech Pharma to Collaborate on Heterologous Prime-Boost Therapeutic Vaccination Against Hepatitis C
8. Volcano Announces the Introduction of the PrimeWire PRESTIGE® Pressure Guide Wire in Japan
9. Prime Therapeutics Vice President of Specialty Pharmacy Solutions Speaks at 16th Annual PBMI Drug Benefit Conference
10. Prime Therapeutics President and CEO Eric Elliott Presents Keynote Address at 2011 PCMA Managed Markets Educational Forum
11. Greenways PrimeSUITE EHR Featured at IHE North America Connectathon
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/2/2017)... , Oct. 2, 2017 Diplomat Pharmacy, Inc. ... Day Software and Consulting, LLC , and named its ... Software, based in Tennessee , will ... Day expands EnvoyHealth,s service offerings for health care partners ... "In an interoperable world, ...
(Date:9/28/2017)... 28, 2017 Hill-Rom Holdings, Inc. (NYSE: HRC), ... call and webcast on Friday, November 3, 2017, beginning ... ending at approximately 8:30 a.m. (CDT) / 9:30 a.m. ... 2017 financial performance and guidance for 2018, Hill-Rom executives ... enhance operational performance, and long-range financial outlook through 2020. ...
(Date:9/25/2017)... Sept. 25, 2017  EpiVax, Inc., a leader ... and immune-engineering today announced the launch of EpiVax ... of personalized therapeutic cancer vaccines. EpiVax has provided ... access to enabling technologies to the new precision ... lead EpiVax Oncology as Chief Executive Officer. Gad ...
Breaking Medicine Technology:
(Date:10/12/2017)... ... October 12, 2017 , ... First Healthcare ... program management, will showcase a range of technology and learning solutions at the ... Convention and Expo to be held October 14–18, 2017 at the Mandalay Bay ...
(Date:10/12/2017)... ... October 12, 2017 , ... The company has ... today’s consumer and regulatory authorities worldwide. From Children’s to Adults 50+, every formula ... the highest standard. , These products are also: Gluten Free, Non-GMO, Vegan, ...
(Date:10/12/2017)... ... 12, 2017 , ... Asante, a nationally recognized health system ... their existing home health joint venture through an agreement, effective October 1, 2017, ... venture home health company with Asante, delivering clinically integrated care, for the past ...
(Date:10/12/2017)... ... October 12, 2017 , ... HMP , a ... of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ Winners ... October 11, 2017. , The annual award competition recognizes editorial and design excellence across ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... been named one of Michigan’s 2017 Best and Brightest in Wellness® by Best ... in Wellness® awards program on Friday, Oct. 20 from 7:30 a.m. to 2 ...
Breaking Medicine News(10 mins):