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INNOVATIONS in pharmacy >
Volume 02, Number 2, 2011 >
Please use this permanent URL to cite or link to this item:
http://purl.umn.edu/109745
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| Title: | Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors? |
| Authors: | Vulakh, Larisa
Wertheimer, Albert I. |
| Issue Date: | 2011 |
| Publisher: | University of Minnesota, College of Pharmacy |
| Citation: | Vulakh L, Wertheimer AI. Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors? Innov. Pharm. 2011; 2(44):1-8. |
| Abstract: | The objective of this study was to describe and compare prescription drug costs charged to a plan sponsor for the top 50 maintenance medications provided through retail and mail service procurement channels. Data were obtained for covered beneficiaries of a health plan sponsored by an employer with just over 3,000 covered employees The analytics team at the PBM administering the plan sponsor’s prescription drug benefit provided de-identified claims information for the top 50 maintenance prescription drugs delivered through either mail service or retail procurement methods for this employer over a one year period (7/1/2008 to 6/30/2009). Based on these data, (1) dollar amount difference (mail service minus retail), and (2) percentage difference between mail and retail costs (as a percentage of the lower net cost per day) were computed. The findings revealed that 76 percent of the medication products studied were associated with a lower net cost per day to the plan sponsor through mail service procurement and 24 percent were associated with lower net cost through retail procurement. |
| Permanent URL: | http://purl.umn.edu/109745 |
| ISSN: | 2155-0417 |
| Appears in Collections: | Volume 02, Number 2, 2011
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Files in This Item:
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Description |
Size | Format |
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| Mail Service Pharmacy 2011 v2n2 article 44.pdf | | 517Kb | PDF | View/Open |
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