October 4th 2024
Luke Greenwalt, MBA, vice president and lead, IQVIA Market Access Center of Excellence, has joined the editorial advisory board of Managed Healthcare Executive.
Health plans' creative models help four-tier formularies gain acceptance
March 1st 2005JUST A FEW YEARS AGO, a three-tier formulary was a novelty; now more and more health plans and employers have introduced the design into their pharmacy benefits. The growth in the number of workers covered under a three-tier design has grown from 27% to 63% between 2000 and 2003.
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Battle-tested experience helps plans reorganize pharmacy benefit
February 1st 2005A 19% to 23% Annual Drug cost trend during the past three years was a wake-up call for Virginia Premier Health Plan, a Medicaid HMO in Richmond, Va. Relying on the services of the same pharmacy benefits manager (PBM) since the plan's inception in 1995, Virginia Premier sought a new PBM to bring costs into control. That role was filled by PerformRx, a PBM product offered by Philadelphia-based AmeriHealth Mercy Health Plan.
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USP's draft model formulary raises questions about guidelines
January 1st 2005Although The U.S. Pharmacopeia's (USP) interim Medicare Prescription Drug Benefit Draft Model Guidelines recommend a drug classification system, CMS will consider other alternatives as long as the formularies provide preferred access to a broad range of widely used drugs.
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CMS to scruntinize Medicare formularies
January 1st 2005In evaluating and approving proposals from Medicare prescription drug plans (PDPs), CMS says it will examine a plan's formulary list, pharmacy and therapeutics (P&T) committee operations, and benefit management tools, such as prior authorization and appeals and exceptions policies.
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New guidelines may lead to increased statin use for those at high or moderate risk
December 1st 2004Coromary heart disease (CHD) is the leading cause of death for men and women in the United States. There's a direct relationship between cholesterol levels and the risk of death due to CHD. Statin medications inhibit cholesterol synthesis and reduce cholesterol levels substantially.
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Formularies shift quickly as Vioxx drops off the market
December 1st 2004The Sept. 30 Voluntary Recall of Vioxx (rofecoxib) by Merck is just another in a long list of headline-making news for the industry. The action was based on the results of a three-year, randomized double-blind trial that indicated that after taking Vioxx for 18 months, patients had twice the risk of heart attack compared with a placebo.
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Plans review pediatric antidepressant use in wake of FDA label change
November 1st 2004By withholding information about some antidepressant medications that cause an increase in suicidal tendencies among teenagers, the Food and Drug Administration (FDA) created heightened public concern about the value of antidepressants.
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New pain relievers may lower gastrointestinal problems but at increased cost
October 1st 2004Everyone's familiar with nonsteroidal anti-inflammatory medications (NSAIDs). These are household names, sold in every drugstore, and consumers use them for headaches, athletic injuries, and other minor aches and pains.
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