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Saving Solutions for "Combination" Drugs

06/28/17

  02:44:00 pm, by MedBen5   , 235 words,  
Categories: American Health Care Act

Saving Solutions for "Combination" Drugs

prescription

The popularity of specialty drugs is a major factor in health care spending growth, and while there may be no simple solution for controlling their costs, there are steps that employers can take. At our MedBen University roundtables, President & COO Kurt Harden has provided multiple examples of high-cost brand-name medications that are typically nothing more than a combination of two low-cost generics.

On The Atlantic website, author Marshall Allen shared his own experience of getting a prescription for a drug named Vimovo:

"Vimovo was created using two readily and cheaply available generic, or over-the-counter, medicines: naproxen, also known by the brand Aleve, and esomeprazole magnesium, also known as Nexium. The Aleve handles your pain and the Nexium helps with the upset stomach that’s sometimes caused by the pain reliever. The key selling point of this new 'convenience drug'? It’s easier to take one pill than two."

And the bill to the insurance company for this "convenience"? $3,252. That compares to about $40 for a month’s supply of Aleve and Nexium.

Based on a review of “combination” medications and other specialty drugs, MedBen offers a discretionary drug formulary to help clients control the effect of high-cost drugs with low-cost generics available. To receive an updated copy, just contact your group service representative.

Non-MedBen clients interested in learning more about our prescription cost-saving strategies are welcome to contact Vice President of Sales & Marketing Brian Fargus at bfargus@medben.com.

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