BCBSTX Improves Pharmacy Mail Service ProgramTip Date: 2009-02-16
Pharmacy Program Improves Mail-Service Pricing Blue Cross and Blue Shield of Texas is committed to finding ways to deliver greater value to our customers. With this goal in mind, we are pleased to announce that we have secured improved pricing with PrimeMail, our contracting mail service pharmacy. Pending regulatory approval, the new pricing will be implemented this month. By using the same maximum allowable cost (MAC) reimbursement methodology for generic drugs that is used for the retail pharmacy network, thus eliminating any pricing discrepancies between retail and mail service and making mail service an even better value for our customers. MAC pricing establishes a maximum reimbursement amount for a generic medication regardless of the manufacturer. The change to MAC pricing “at mail” will improve overall discounts on generic drugs by an average of 9 percent and reduce total mail-service costs by approximately 5 percent. While the vast majority of members will pay less out-of-pocket as a result of this change, some members’ prescriptions may be more expensive. Letters will be sent to those members who may experience an increase in out-ofpocket expense under this new arrangement. Later in 2009 we will be implementing changes to our mail-service reimbursement rates for brand medications, which will provide enhanced discounts for our customers based on account size. It is ALWAYS a good idea to ask the pharmacist if the actual cost of the drug is less than the co-pay! |
|