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:2/5/2016)... 2016  Aralez Pharmaceuticals Inc. ("Aralez") today announced the ... Tribute Pharmaceuticals Canada Inc. ("Tribute") following approval of the ... The combined company will operate under Aralez Pharmaceuticals Inc. ... Canada , Ireland ... Under the terms of the Agreement and Plan of ...
(Date:2/5/2016)... , Feb. 5, 2016  Venice,s newest laser ... the first of its kind in the area ... through advanced laser treatment. The physician-owned and operated ... Suncoast by storm with its revitalizing skin ... advanced multi-wavelength Astanza Trinity technology. http://photos.prnewswire.com/prnh/20160204/329957 ...
(Date:2/5/2016)... , Feb. 5, 2016  Zimmer Biomet Holdings, Inc. ... the previously announced underwritten secondary offering of 11,027,558 shares ... consisting of affiliates of Blackstone and Goldman Sachs.  The ... initial price of $96.45 per share. The selling stockholders ...  Neither Zimmer Biomet nor any of its directors, officers ...
Breaking Medicine Technology:
(Date:2/8/2016)... , ... February 08, 2016 , ... ... will be speaking on how healthcare companies can use newly released government data ... health of a population and intervene and capture the value they create to ...
(Date:2/7/2016)... , ... February 07, 2016 , ... Women's Excellence staff, ... Wear Red Day. National Wear Red Day is the first Friday each February ... disease and stroke cause 1 in 3 deaths among women each year – more ...
(Date:2/6/2016)... (PRWEB) , ... February 06, 2016 , ... With the ... easily add warm color grades to their footage. A LUT is a Lookup Table ... color to the corresponding color indicated by the table. By manipulating each pixel, LUT's ...
(Date:2/5/2016)... , ... February 05, 2016 , ... ... availability of the company's lighter, sleeker next generation LYNX VR Indoor Trainer with ... , Improvements in design and manufacturing not only reduce the weight of the ...
(Date:2/5/2016)... , ... February 05, 2016 , ... ... the addition of micro-needling services in their Napa Valley office. The technique utilizes ... Plastic Surgery Associates, Dr. Canales and Dr. Furnas, are part of only a ...
Breaking Medicine News(10 mins):