News & Updates
With health care costs on the rise, Anthem is always looking for ways to keep costs down while ensuring quality. Anthem takes the same care with compound drugs.
What’s a compound drug?
A compound drug is one prepared by a pharmacist for a specific patient. These drugs aren’t approved by the Food and Drug Administration (FDA) or reviewed by Anthem's Pharmacy and Therapeutics Committee.
What’s affecting the costs of compound drugs?
Over the past several years, the volume of compound drug claims has remained stable, while the cost per prescription has increased significantly.
What is Anthem doing to control costs and keep quality intact for employers?
In addition to compliance with new state and federal rules, Anthem will continue to apply plan design and clinical strategies to manage compounds.
They’ve taken active steps to ease the cost-of-care impact to employers, including:
These actions saved more than $50 million for fully insured group business in 2014, plus more than $13 million for ASO (Administrative Services Only) employers.*
What’s planned for the future?
Anthem will continue their efforts by:
For questions, please contact a member of your b&p Sales Team - 888.722.3373.