“Formulary”

19 result(s)
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Public Policy
This fall, as state legislatures reconvene, they’ll consider dozens of bills aimed at restricting PBM tools like utilization management that help control costs while ensuring... More
Commentary
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Cost Management
Formulary management is foundational in helping clients control costs. Value-based management strategies build upon the early success of formulary strategy for more targeted,... More
Commentary
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Cost Management
Manufacturer-driven brand inflation contributed 8.6 percentage points to trend, while PBM management solutions, helped reduce it by 7.8 percentage points. Thirty eight percent of... More
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Cost Management
In today’s dynamic prescription drug benefit management market, it is critical to continually monitor the factors that could impact cost for payors, including key trends and... More
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Cost Management
Despite ongoing price inflation and an increase in utilization, prescription drug trend dropped for a majority of CVS Health pharmacy benefit management (PBM) clients in the first... More
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Cost Management
When thinking about price volatility – or inflation – most people think of gasoline. Not surprising, considering gas prices rose nearly 250 percent in the 13-year span from 1998... More
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Cost Management
In 2014, prescription benefit trend climbed to double digits, spurring many payors to adopt more aggressive management strategies. Among these, an aggressive approach to formulary... More
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Specialty
The Biologics Price Competition and Innovation (BPCI) Act of 2009 established a “shortened” pathway for two categories of biological products that are demonstrated to be... More
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Cost Management
While trend drivers—including brand, specialty and generic price inflation—were similar to those in 2014, broad adoption of proactive CVS Caremark cost management strategies... More
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