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

Capital Blue Cross and Mark Cuban Price Plus Drug Firm (MCCPDC) introduced a collaboration to permit Capital members and neighborhood organizers to entry lower-cost pharmaceuticals through MCCPDC. 

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

The corporate prices MCCPDC’s price 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 should pay for his or her drug, then submit a declare for reimbursement if the remedy is roofed underneath their plan. 

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

“Capital’s collaboration with Price 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 very important – and generally life-saving – medicines,” Capital Blue Cross President and CEO Todd Shamash mentioned in an announcement.

THE LARGER TREND

In accordance with two stories 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, provides Transcarent Pharmacy Care, permitting members to seek for the lowest-cost drug choices and evaluate costs throughout pharmacies. The corporate’s members can even 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 data, drug purchasing, and scheduling appointments for vaccines or different pharmacy-provided care.

The platform additionally offers customers strategies on different drug choices they will focus on with their physician, evaluate money and well being plan costs and discover producer coupons.