Who is the PBM for BCBS of OK?
Who is the PBM for BCBS of OK?
Prime Therapeutics LLC
Prime Therapeutics LLC, provides pharmacy benefit management services for Blue Cross and Blue Shield of Oklahoma and is owned by 18 Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those plans.
Is FutureScripts a PBM?
FutureScripts is a pharmacy benefits management (PBM) company delivering affordable prescription drug coverage to employer groups.
What does PBM mean on insurance card?
Pharmacy benefit managers
Pharmacy benefit managers negotiate rebates with drug companies to have their drugs placed on the PBM’s formulary (the list of prescription drugs covered by a prescription drug plan).
What specialty pharmacy does Prime Therapeutics use?
As a reminder, WBA and Prime Therapeutics announced AllianceRx Walgreens Prime in mid-2016. This joint venture became the exclusive mail and specialty pharmacy for Prime Therapeutics’ PBM beneficiaries, though it is also contracts with (and dispenses for) other PBMs and plans.
Who owns Blue Cross Blue Shield of Kansas City?
Erin Stucky
Blue Cross and Blue Shield of Kansas City (Blue KC) is an independent licensee of the Blue Cross Blue Shield Association and a not-for-profit health insurance provider with more than one million members….Blue Cross and Blue Shield of Kansas City.
| Type | Not-for-Profit |
|---|---|
| Key people | Erin Stucky (President and CEO) |
| Number of employees | 1,000 (2018) |
| Website | bluekc.com |
Is FutureScripts the same as OptumRx?
FutureScripts is a registered service mark of OptumRx, an Optum company.
Is OptumRx part of Express Scripts?
Cigna owns Express Scripts, and UnitedHealth Group owns OptumRx.
What is the difference between a PBM and a payer?
Payer claims data is a list of medications where a claim was filed. The Pharmacy Benefit Manager (PBM) is the payer and stores a list of medications specific to each patient.
What is the difference between a PBM and insurance?
What Is the Pharmacy Benefit Management (PBM) Industry? The term pharmacy benefit management (PBM) industry refers to a group of companies that serve as the middlemen between insurance companies, pharmacies, and drug manufacturers. PBMs are responsible for securing lower drug costs for insurers and insurance companies.
