Balancing increased spending for specialty pharmaceuticals while providing affordable and equitable coverage for consumers is a key issue for public and private payers. Health plans rely on an array of strategies, including both medical management and those used for more traditional pharmaceuticals. To explore specific management strategies for outpatient specialty pharmaceuticals, a survey was administered to thirty-eight Blue Cross and Blue Shield plans, focused on identifying core strategies. Prior authorization was the most commonly used strategy, implemented by 83.3 percent of respondents. Other frequently implemented management strategies included claims review (82.8 percent), formulary management (76.7 percent), and utilization review (70 percent).

Download full-text PDF

Source
http://dx.doi.org/10.1377/hlthaff.25.5.1332DOI Listing

Publication Analysis

Top Keywords

specialty pharmaceuticals
12
outpatient specialty
8
management strategies
8
strategies
5
health plans'
4
plans' strategies
4
strategies managing
4
managing outpatient
4
pharmaceuticals
4
pharmaceuticals balancing
4

Similar Publications

Want AI Summaries of new PubMed Abstracts delivered to your In-box?

Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!