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Home Lifestyle Health

Mark Cuban Value Plus Drug Firm pronounces first well being plan accomplice

livemag by livemag
October 8, 2022
in Health
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Mark Cuban Value Plus Drug Firm pronounces first well being plan accomplice
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Capital Blue Cross and Mark Cuban Value Plus Drug Firm (MCCPDC) introduced a collaboration to permit Capital members and neighborhood organizers to entry lower-cost prescribed drugs through MCCPDC.

MCCPDC is a public-benefit company and on-line pharmacy that gives sufferers entry to medicines at a decrease value by working immediately with distributors and producers, bypassing what Mark Cuban known as “the middlemen.”

The corporate costs MCCPDC’s value plus a 15% margin, a $3 per-prescription meting out price and delivery.

Capital’s web site says that if members have Capital Blue Cross prescription protection, they must pay for his or her drug, then submit a declare for reimbursement if the treatment is roofed underneath their plan. 

In 2023, Capital’s members can use their insurance coverage playing cards at MCCPDC immediately. 

“Capital’s collaboration with Value Plus Medicine will assist us convey lower-cost medicines to members and nonmembers alike throughout our service space, offering some much-needed aid to these struggling to pay for his or her important – and typically life-saving – medicines,” Capital Blue Cross President and CEO Todd Shamash stated in a press release.

THE LARGER TREND

Based on two studies not too long ago launched by the U.S. Division of Well being and Human Companies, drug costs have risen past the inflation fee, illustrating the urgency for addressing mounting prescription prices. 

Transcarent, a healthcare platform for self-insured employers, gives Transcarent Pharmacy Care, permitting its members to seek for the lowest-cost drug choices and examine costs throughout pharmacies. The corporate’s members may switch a prescription with Transcarent’s app if wanted.

Well being tech firm Prescryptive Well being launched MyRx.io, a cellular platform permitting customers to entry pharmacy companies, reminiscent of discovering prescription profit info, drug procuring, and scheduling appointments for vaccines or different pharmacy-provided care.

The platform additionally gives customers options on different drug choices they’ll focus on with their physician, examine money and well being plan costs and discover producer coupons.



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