Industry Insight
4/4/2024 | Expert Insight
How Scripius’ Drug Coverage Advancements in Quarters 3 and 4 of 2023 Will Help Control Costs in 2024
2024 Prescription Cost Update
4/2/2024 | Press Release
Scripius and Avera Collaborate to Reduce Prescription Costs
Scripius (a Salt Lake-based Pharmacy Benefit Management (PBM) service will join forces with South Dakota-based Avera.
11/29/2023 | Expert Insight
Market Analysis: PBMs should be Leveraging Cash Pay and Lower-cost Pharmacy Trends
Using cash pay and upstart pharmacies to lower Rx costs
10/3/2023 | Expert Insight
How to Maintain Appropriate GLP-1 Utilization Without Breaking the Bank
If it doesn’t have one already, your health plan needs a GLP-1 strategy
9/20/2023 | Press Release
Select Health and Mark Cuban Cost Plus Drug Company Join Forces to Lower Prescription Drug Costs
Health plan is one of the first to offer its members access to over 1,000 pharmaceutical products available through Cost Plus Drugs
8/10/2023 | Expert Insight
Quarters 1 & 2 (2023) Market Update
How quickly your Pharmacy Benefits Manager (PBM) reacts to prescription market trends is crucial, because the prescription drug benefits a company offers impact its bottom line. Below is our Q1 and Q2 update about how Scripius, the PBM that manages Select Health’s prescription drug benefits, made quick market reactions to lower costs and provide better access to effective medications.
5/17/2023 | Expert Insight
Agility: Addressing the Cost of Multiple Sclerosis Medications
Having an agile benefit provider is a key to business growth and profitability, since a PBM needs to actively monitor the market and make quick decisions that benefit a company and its employees.
1/10/2023 | Expert Insight
Low Value High Cost
Even with generic drugs, many patients are paying 90% more than they should.
12/21/2022 | Expert Insight
Keeping Focused on Specialty Medications
It doesn’t surprise anyone who lives in the employee benefit world that over the past decade (2011-2021) the cost of “Specialty” drugs has increased 28%. Additionally, 55% of total medication spending in 2021 was in the Specialty drug class.
11/3/2022 | Expert Insight
How PBM’s should support 5-Star Rated health plans
The Centers for Medicare and Medicaid Services (CMS) have announced that Select Health Medicare HMO plans earned a 5 out of 5-Star Overall Rating for 2023 and its Medicare Advantage plan is among the highest-ranked in the country.