Redefining Pharmacy Benefit Management

January 16, 2024

A message from Marileny Lugo, President, MC-Rx

In the fast-evolving landscape, having a loyal partner with which to navigate the complexities of medication management is not just important, but essential. It is particularly challenging for small and medium sized companies and health plans that want to offer pharmacy benefit coverage at a reasonable cost.  At MC-Rx, powered by ProCare, we are dedicated to being that reliable partner, committed to ensuring comprehensive care and effective cost management for our clients and their members.


Our Pillars of Excellence and why they should matter to you:


1. Transparency: Empowering Informed Decision Making

Transparency is the foundation of our operations. We understand the significance of clear pricing and cost-containment strategies for our clients. With MC-Rx, expect complete disclosure of pricing, rebates, and discounts, which empowers you to make well-informed decisions about your pharmacy benefits. MC-Rx aims to be your partner in providing access to medication, while controlling the associated costs.


2. Clinical Support and Member Services: Driving Optimal Health Management

Our Clinical Team comprised of Pharmacy Doctors, partners with our clients to develop medication management programs to achieve the best possible clinical and economic outcome for members and payers.  Our clinically proven, custom-tailored formularies and programs focus on the lowest overall net drug spend, while optimizing medication therapies that align with your member needs.  Our robust member services focus on enhancing medication adherence, therapy management, and support for specialty medications, ensuring your members receive appropriate treatment for their medical needs. 


3. MC-Rx CARES 

Matching member-centric services with superior clinical programs, MC-Rx CARES is a direct-sourced system designed to manage chronic conditions and patient medication compliance, all while reducing costs. Our program highlights include customizable formulary design, cost-containment clinical programs, and high-cost medication management initiatives.


4. Formulary and Network Access: Enhancing Accessibility and Choice

Our formularies ensure a diverse range of medications to meet the varying needs of your members. Moreover, our expansive network of pharmacies provides convenient access for members, ensuring they receive timely care when they need it the most.


Stay tuned to learn more about our pillars of excellence!


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Understanding GLP-1 Medications The landscape of obesity management is evolving, with GLP-1 receptor agonist (RA) medications emerging as a significant player. These FDA-approved drugs have proven effective in helping individuals lose weight, prompting a shift in how they are viewed and covered by health plans. However, the cost implications and strategic decisions surrounding these medications require careful consideration by employer groups and their members. The Case for GLP-1 Medications GLP-1 RAs, originally developed for diabetes management, have shown remarkable efficacy in weight loss. With the growing prevalence of obesity and its associated healthcare costs, there's increasing pressure on health plans to cover these medications. Despite their high cost—annual retail pharmacy expenses can exceed $10,000 per patient—GLP-1 RAs offer potential downstream savings by reducing obesity-related comorbidities such as diabetes, hypertension, and cardiovascular disease​​. Balancing Coverage and Cost Historically, weight loss medications were deemed "lifestyle" drugs and excluded from coverage. However, the rising popularity of GLP-1 RAs and their demonstrated benefits are challenging this perspective. For plan sponsors, the decision to cover these medications involves balancing the high upfront costs with the potential for long-term savings on medical expenses related to obesity. Cost-Containment Strategies For payers choosing to cover GLP-1 medications, several cost-containment strategies can be employed: Formulary Management : Deciding on the placement of these medications within the formulary is crucial. Options range from not covering the drugs to placing them on a high-cost tier with patient cost-sharing. Prior Authorization and Step Therapy : Implementing these measures ensures that only patients with a proper diagnosis (e.g., ICD-10 code for obesity) access these medications, preventing misuse and overutilization. Prerequisite Programs : Requiring participation in wellness or nutrition programs before approving weight loss medications can encourage lifestyle modifications that complement pharmacological treatment. Specialist Restrictions : Limiting prescriptions to weight loss specialists, such as bariatric doctors or endocrinologists, ensures appropriate therapy and monitoring. Duration Limits : Establishing treatment guidelines, such as discontinuing medications if a target weight loss is not achieved within six months, helps manage long-term costs​​. The Role of Brokers and Employer Groups Brokers play a pivotal role in guiding employer groups through the complexities of covering GLP-1 medications. Understanding the cost-benefit dynamics and available cost-containment strategies enables brokers to provide informed recommendations that align with their clients' financial and health objectives. Employer groups, in turn, must weigh the potential benefits of covering these medications against their budgetary constraints and the overall well-being of their workforce. Member Education and Engagement Effective communication with members is essential to ensure they understand the coverage options and adhere to prescribed treatments. Educational initiatives can include: Patient Communication Programs : Providing information on medication adherence, compliance, and lifestyle modifications. Continuing Education : Ongoing programs to keep members informed about the benefits and proper use of weight loss medications. Monitoring and Support : Utilizing pharmacy and medical data to track outcomes and adjust strategies as needed​​. Balance the Scale with Expert Guidance from MC-Rx The adoption of GLP-1 medications for weight loss represents a significant advancement in obesity management. However, the high costs associated with these drugs necessitate careful planning and strategic implementation by brokers, employer groups, and members. By employing robust cost-containment strategies and prioritizing member education, health plans can navigate the financial challenges while delivering meaningful health benefits to their populations. MC-Rx, as a full-service pharmacy benefits manager, offers the expertise and tools to help clients optimize their coverage decisions and manage the complexities of incorporating GLP-1 medications into their health plans. Here are just a few of the GLP-1 strategies we use to shield our clients from excessive costs: Implementation of Drug Management Tools, which is critical to ensure proper utilization for GLP-1s. Strategic Benefit Design, which also protects clients from improper GLP-1 utilization. Clear Member Communication, which is crucial for proper adherence and compliance. When implemented with an existing client, the above-listed strategies helped them achieve $382,000 in cost avoidance for GLP-1s. With the right approach, the benefits of these medications can be realized, contributing to better health outcomes and potentially lowering overall healthcare costs in the long run. For more information on managing GLP-1 medications and other pharmacy benefits, reach out to an MC-Rx expert today .
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