The Vitamin Shoppe CEO Lee Wright shares highlights from the corporate’s 2023 Well being and Wellness Pattern report on ‘Mornings with Maria.’
Blue Protect of California will crew up with Amazon and Mark Cuban’s drug firm to repair what it says is a “damaged prescription drug system” and to supply extra inexpensive care.
To take action, Blue Protect of California, a nonprofit well being plan, introduced a brand new pharmacy care mannequin Thursday that may change the best way medicines are bought and equipped to its 4.8 million members.
The present system “rewards some stakeholders for promoting extra medicine at larger prices,” Blue Protect mentioned. The nonprofit needs to vary that.
“The present pharmacy system is extraordinarily costly, enormously advanced, utterly opaque, and designed to maximise the revenue of contributors as a substitute of the standard, comfort and cost-effectiveness for shoppers,” Blue Protect of California CEO Paul Markovich mentioned.
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Underneath the brand new plan, Amazon Pharmacy will likely be liable for delivering the affected person’s medicines without spending a dime. It is going to additionally present sufferers 24/7 entry to pharmacists.
In the meantime, the Mark Cuban Value Plus Drug Firm will create a extra inexpensive pricing mannequin to assist sufferers get their fingers on low-cost medicines even in-store at pharmacy counters.
Abarca will deal with the prescription drug claims.
Blue Protect of California will nonetheless lean on CVS Caremark to supply specialty pharmacy companies for members with advanced situations, together with schooling and high-touch affected person assist. Nevertheless, CVS will not oversee the administration of drug advantages, the WSJ reported.
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CVS mentioned in an announcement to FOX Enterprise that it appears to be like “ahead to offering look after Blue Protect of California’s members who require advanced, specialty medicines – as we’ve for practically 20 years.”
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| AMZN | AMAZON.COM INC. | 135.39 | +0.32 | +0.24% |
As soon as the multiyear technique is totally applied, Blue Protect plan expects to avoid wasting as much as $500 million in annual drug prices.
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Markovich touted that this new system will get “the appropriate medicine to the appropriate individuals on the proper time at a considerably decrease value.”
