Mark Cuban Cost Plus Drug Company announces first health plan partner

Capital Blue Cross and Mark Cuban Cost Plus Drug Company (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 drugs at a decrease price by working instantly with distributors and producers, bypassing what Mark Cuban known as “the middlemen.”

The firm fees MCCPDC’s price plus a 15% margin, a $3 per-prescription shelling out payment and delivery.

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

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

Capitals collaboration with Cost Plus Drugs will assist us deliver lower-cost drugs 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 generally life-saving drugs, Capital Blue Cross President and CEO Todd Shamash mentioned in a press release.

THE LARGER TREND

According to 2 reviews just lately launched by the US Department of Health and Human Servicesdrug costs have risen past the inflation charge, illustrating the urgency for addressing mounting prescription prices.

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

Health tech firm Prescryptive Health launched MyRx.io, a cell platform permitting customers to entry pharmacy providers, akin to discovering prescription profit data, drug purchasing, and scheduling appointments for vaccines or different pharmacy-provided care.

The platform additionally offers customers recommendations on various drug choices they’ll talk about with their physician, examine money and health plan costs and discover producer coupons.

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