GENERIC DRUG USAGE SKYROCKETS AMONG PATIENTS OF NC BLUES

NOVEMBER 01, 2007

The proportion of generic drugs prescribed for patients of Blue Cross and Blue Shield of North Carolina increased sharply as a result of the plan?s new and ?more aggressive strategy for pushing generics,? researchers at Health- Leaders-InterStudy said.

In an analysis of cost-saving initiatives underway at the North Carolina Blues, the researchers credited the plan?s ?free generics? program with boosting the proportion of generic drugs prescribed, from 37% of all prescriptions in 2001 to 62% in 2007. Those same researchers reported that health insurers in Virginia, Maryland, and Washington, DC, are working to reduce pharmaceutical costs by employing a variety of strategies, including tiered pricing and the total elimination of copays for generic drugs.

According to that analysis, the emphasis on generics was prompted by a significant upsurge in prescriptiondrug costs over the past few years. The researchers found that average weighted pharmacy expenses for Mid-Atlantic plans rose from $26 to $33 per member, per month, from 2004 to 2006.

?Most large commercial insurers saw their pharmacy costs increase in the Mid-Atlantic anywhere from 8% to 14%,? according to HealthLeaders- InterStudy.




SHARE THIS SHARE THIS
0
 

The Oncology Care Pharmacist in Health-System Pharmacy 
According to the National Cancer Institute, almost 40% of men and women will be given a diagnosis of some form of cancer in their lifetime.


 

Pharmacy Times Strategic Alliance
 

Conference Coverage
News from the year's biggest meetings


Pharmacist Education
Clinical features with downloadable PDFs


 

SIGN UP FOR THE PHARMACY TIMES NEWSLETTER
Personalize the information you receive by selecting targeted content and special offers.