Catamaran Corp., which acts as a middleman between employers, drug makers and pharmacies by negotiating prices and managing medicine use by workers, won a 10-year contract to manage prescription drug benefits for Cigna Corp.'s clients.
It’s been 70 years since Kaiser opened its first free medical clinic for employees. Since then, employers have spent over $20 trillion on providing health benefits. Yet despite all those years and all that money, no one has ever thought to write a book advising employers how to spend that
Pharmacy benefit plan design continues to shift, becoming more advanced and putting more choice in the hands of the member.
A recent study produced by Vistane for the Pharmaceutical Care Management Association (PCMA) has found that through greater use of preferred and limited pharmacy networks payers, including Medicare, Medicaid, and employers, could save a combined $115 billion of the next decade.
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