How Can Specialty Pharmacies Reduce the Cost of Orphan Drugs?

Video

Joy Gilbert, Vice President, Operations, US Bioservices, a part of AmerisourceBergen, discusses the role specialty pharmacies play in helping patients manage drug costs.

Joy Gilbert, Vice President, Operations, US Bioservices, a part of AmerisourceBergen, discusses the role specialty pharmacies play in helping patients manage drug costs.

Joy Gilbert: It’s interesting, because specialty pharmacies do have a role to play related to cost in orphan products, but as most people in the industry know, the pharmacy doesn’t actually set the price of the product. So it’s our job really to help patients navigate through their own financial barriers related to understanding their insurance benefits, identifying resources for copay assistance and out of pocket burdens that the patient might bear. But we as a pharmacy industry are working within a narrow constraint of product acquisition cost and insurance reimbursement.

Related Videos
Patient suffering from atopic dermatitis -- Image credit: Nikkikii | stock.adobe.com
Emergency CPR on a Man who has Heart Attack , One Part of the Process Resuscitation (First Aid) - Image credit: Platoo Studio | stock.adobe.com
Atopic dermatitis on a patient's hand -- Image credit: Ольга Тернавская | stock.adobe.com
cropped view of man performing chest compression on dummy during cpr training class - Image credit: LIGHTFIELD STUDIOS | stock.adobe.com
Medicine law concept. Judges gavel with pills | Image Credit: Iren Moroz - stock.adobe.com
Image credit: New Africa | stock.adobe.com
biosimilar word or concept represented by wooden letter tiles on a wooden table with glasses and a book | Image Credit: lexiconimages - stock.adobe.com
Image credit: alicja neumiler | stock.adobe.com
Laboratory test tubes and solution with stethoscope background | Image Credit: Shutter2U - stock.adobe.com
© 2024 MJH Life Sciences

All rights reserved.