Blue Protect of California launched a brand new instrument on Wednesday that notifies members when their clinician begins an e-prescription and permits them to match lower-cost alternate options.
The brand new function is named Value Verify My Rx and is powered by Gemini Well being, a drug worth transparency firm. It’s obtainable within the Blue Protect of California cell app. With Value Verify My Rx, members are capable of see their out-of-pocket worth for brand new or renewed prescription drugs ordered by their physician. As well as, they’re capable of evaluation various drugs that will value much less, see different in-network pharmacies or test for reductions.
The clinicians prescribing the drugs additionally obtain the identical data on lower-cost alternate options once they’re e-prescribing. That approach, they will work with sufferers to make the most effective resolution for his or her treatment.
“That data permits the member and the physician to have a superb dialog, particularly if they will’t afford the treatment out of pocket,” stated Salina Wong, senior director of medical pharmacy applications at Blue Protect of California, in an interview. “And lots of instances, members will be unable to take persistent drugs persistently if they will’t afford it, and particularly if they’ve multiple treatment that they should fill.”
To measure the success of the brand new Value Verify My Rx instrument, the insurer is monitoring financial savings, how typically members are receiving notifications, how typically they’re wanting on the data, and what number of members are choosing lower-cost choices, Wong added.
The announcement comes shortly after Blue Protect of California launched one other digital instrument for members. In June, it teamed up with Zocdoc, a web based market that helps sufferers discover and ebook appointments with in-network suppliers. By way of the partnership, Zocdoc’s expertise has been embedded inside Blue Protect of California’s “Discover a Physician” function. This permits members to seek out real-time availability of suppliers and ebook appointments immediately by means of the insurer’s web site.
In January, Blue Protect of California additionally launched its new pharmacy administration mannequin, during which it teamed up with 5 totally different firms — Amazon Pharmacy, Price Plus Medicine, Abarca, Prime Therapeutics and CVS Caremark — for its prescription drug profit. Amazon supplies house supply providers for prescriptions, Price Plus Medicine affords a clear pricing mannequin, Abarca handles the fee of prescription drug claims, and Prime Therapeutics negotiates financial savings with drug producers. CVS Caremark, which was beforehand Blue Protect’s sole pharmacy profit supervisor, is now simply liable for specialty pharmacy providers.
Trying forward, Blue Protect of California plans to launch extra options for drug worth transparency and affordability, together with providers associated to prior authorization, Wong stated.
“We actually need to sort out the skyrocketing value of medication. It’s simply unsustainable, however that’s apparent,” she declared. “The shortage of transparency and accountability may be very regarding when you consider the truth that, on common, the price of drugs is sort of 3 times increased than in different international locations, and 4 instances increased for model medication versus different international locations, and that hole is widening. … We are able to’t proceed to persist like this as a rustic, so we actually must sort out this as an business.”
Picture: Blablo101, Getty Pictures
