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Managing Prescription Drugs
This issue of the Healthcare Savings Chronicle features articles from a few of the companies in the forefront of the healthcare marketplace. We hope you find these articles informative and instructive.
Coalition America provides a number of solutions for controlling healthcare costs. To explore these solutions, please contact me at (404) 459-7201 ext 5350.
Wally Ward Vice President, Sales and Services
DISCLAIMER: Statements or opinions expressed in the articles of this publication are those of the author and do not necessarily represent the views or positions of Coalition America,Inc., The Healthcare Savings Chronicle, its officers, directors, or staff.
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Healthier, More Cost-Effective Alternatives to High Copayments
www.psgconsults.com
by Jeff Hawes, PharmD Pharmacy Benefit Consultant Pharmaceutical Strategies Group
It is often thought that simply increasing the copayment for chronic-condition drugs will result in better overall savings for plan sponsors. Recent evidence, however, suggests otherwise. Studies are showing that, as plans increase member copayments, there is a decrease in member’s therapeutic compliance resulting in higher long-term treatment expenses. Conversely, making medications more affordable for specific chronic disease states results in substantial overall savings.
[FULL STORY]
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The Impact of Specialty Medication on the Pharmacy Benefit
Current Trends and Management Techniques
www.trivantageps.com
by Connie Perry, PharmD National Pharmacy Practice Leader Trivantage Pharmacy Strategies, LLC
Although there are varying degrees as to how to best define a specialty pharmacy medication, the most common attributes include a high cost, legend drug that requires special handling and administration, temperature controlled shipping, and careful adherence to treatment protocols. What does not vary today, however, is the large financial and clinical impact these particular medications have on plan sponsors and members alike.
[FULL STORY]
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HOW TO GET WHAT YOU WANT IN PBM CONTRACTING & RFPs
www.propharmaconsultants.com
by Craig Stern, PharmD, MBA, President Pro Pharma Pharmaceutical Consultants, Inc
What do we want in our pharmacy benefit management contracts? How can we be sure that critical elements are included in contracts? As with any vendor contract there are specific elements that must be included to ensure that we are receiving the services and pricing that are consistent with our business requirements.
[FULL STORY]
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Coalition America Update
Coalition America Now Offering Repricing Services for Out-of-Network Dental Claims
www.CoalitionAmerica.com
Coalition America, Inc. (CAI) has introduced repricing and cost containment technology for discounting out-of-network dental claims. Offered through an online claim repricing application or electronic data interchange (EDI), this new service will help streamline claims processing by offering both medical and dental claim repricing through one source.
[FULL STORY]
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Welcome to the Healthcare Savings Chronicle brought to you by Coalition America, Inc. Each monthly issue will focus on one key topic that payors face in the industry today. If you have an idea for a topic that you would like to see in a future issue, please email libbyroper @coalitionamerica.com.
To learn more about about Coalition America's savings solutions, John Michael Loke (404) 459-7201 x 5231 johnloke@coalitionamerica.com
To submit an article for publication libbyroper@coalitionamerica.com
For advertising info libbyroper@coalitionamerica.com
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June 2007
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