Independence Blue Cross and Keystone Health Plan East have announced that they have established their own company, FutureScripts, to manage the administration of commercial prescription drug programs beginning October 1, 2006.
By bringing pharmacy management in-house, they will be able to better control those costs that have the most impact on the bottom line of their customers. Specifically, they will:
| Contract directly with retail pharmacies | |
| Negotiate directly with prescription drug manufacturers | |
| Develop a generic pricing list to maximize cost savings for generic drugs | |
| Closely align medical and drug benefit designs for greater effectiveness in managing total health care costs |
FutureScripts will replace the current retail drug processing arrangement with Caremark. Please note that Caremark will continue to provide mail-order services as part of IBC / Keystone’s prescription drug programs.