PBMs Offering Prescribers Real Time Visibility On Cost-Sharing, Cheaper Alternatives
CVS Health and OptumRx join Express Scripts in offering programs to enhance transparency around prescription drug cost sharing, reinforcing the impact of formulary placement.
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Program likely to generate fewer rebates so it remains to be seen whether payers will embrace the new model in a big way.
Prescribers are reviewing patient benefits information nearly 280,000 times per week while patients are using an online Check Drug Cost tool 250,000 times per month – and the numbers are growing.
Insurer offers additional details on upcoming rebate program, including how it will protect contract confidentiality, and which members might use it the most.