Mark Cuban Value Plus Drug Firm broadcasts first well being plan accomplice

Capital Blue Cross and Mark Cuban Value Plus Drug Firm (MCCPDC) introduced a collaboration to permit Capital members and neighborhood organizers to entry lower-cost prescribed drugs by way of MCCPDC.

MCCPDC is a public-benefit company and on-line pharmacy that gives sufferers entry to medicines at a decrease price by working straight with distributors and producers, bypassing what Mark Cuban known as “the middlemen.”

The corporate prices MCCPDC’s price plus a 15% margin, a $3 per-prescription meting out payment and transport.

Capital’s site says that if members have Capital Blue Cross prescription protection, they should pay for his or her drug, then submit a declare for reimbursement if the medicine is roofed below their plan. 

In 2023, Capital’s members can use their insurance coverage playing cards at MCCPDC straight. 

“Capital’s collaboration with Value Plus Medication will assist us deliver lower-cost medicines to members and nonmembers alike throughout our service space, offering some much-needed reduction to these struggling to pay for his or her important – and typically life-saving – medicines,” Capital Blue Cross President and CEO Todd Shamash stated in a press release.

THE LARGER TREND

In response to two studies not too long ago launched by the U.S. Department of Health and Human Services, drug costs have risen past the inflation price, illustrating the urgency for addressing mounting prescription prices. 

Transcarent, a healthcare platform for self-insured employers, affords Transcarent Pharmacy Care, permitting its members to seek for the lowest-cost drug choices and examine costs throughout pharmacies. The corporate’s members can even switch a prescription with Transcarent’s app if wanted.

Well being tech firm Prescryptive Well being launched MyRx.io, a cell platform permitting customers to entry pharmacy companies, equivalent to discovering prescription profit data, drug procuring, and scheduling appointments for vaccines or different pharmacy-provided care.

The platform additionally supplies customers ideas on various drug choices they’ll talk about with their physician, examine money and well being plan costs and discover producer coupons.

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