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Formularies, a Tool in the Fight for Affordable Life-Saving Care
Health plans have a long list of tools they use to deliver better value and access to health care consumers.
Health plans have a long list of tools they use to deliver better value and access to health care consumers. One that’s worth noting is prescription drug formularies — lists of the generic and brand name drugs that are covered – that are developed to encourage the use of safe, effective, and affordable medications.
These formularies work with safety and effectiveness in mind. The goal is to ensure consumers can get the drug they need that will safely and effectively treat their condition at the most affordable price.
Morning Consult
Formularies lead to lower drug costs, which consumers value. Seventy-eight percent of individuals are very or somewhat satisfied with how much they pay for prescriptions, a recent
found. Moreover, those people taking generics gave slightly higher marks for price satisfaction than those taking brand name drugs.
Read the full story:
Source: AHIP Coverage
Examining Low-Value Cancer Care Trends Amidst the COVID-19 Pandemic
April 25th 2024On this episode of Managed Care Cast, we're talking with the authors of a study published in the April 2024 issue of The American Journal of Managed Care® about their findings on the rates of low-value cancer care services throughout the COVID-19 pandemic.
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Lack of Mutations Associated With Favorable Prognosis in MPN-U
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Empowering Community Health Through Wellness and Faith
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HOPE-CAT Can Identify Maternal Cardiovascular Risk 2 Months Earlier Than Doctors, Study Says
April 25th 2024In a retrospective study, the machine learning tool was able to screen for potential risks of cardiovascular disease nearly 60 days before the patient's medical record showed any signs of a related condition or before they were officially diagnosed or treated for it.
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