Prime Launches Medical Benefit Management Tool MedSelect
While a variety of strategies are available to manage specialty drugs in the pharmacy benefit, that’s not traditionally been the case with drugs that fall under the medical benefit. Prime Therapeutics LLC is adding to its offerings for medical benefit management with MedSelect, its newly launched national medical drug management list.
Prime has populated MedSelect with therapies based on their clinical efficacy and/or superiority and cost- effectiveness. It combines utilization management and site-of-care strategies to produce savings and appropriate drug use. The company says it expects the list will help Blues plans achieve a 4% to 7% reduction in medical drug costs.