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Monday, March 14, 2011

Cooperation between Medical and Pharmacy Benefits - Lowers Costs and Improves Health

A study by CIGNA in cooperation with HealthPartners showed that people who bundle their medical and pharmacy benefits and are supplied by only one healthcare company are more likely to improve their overall health and lower their yearly medical bills.

CIGNA indicated that one of the best and only ways to lower the cost of health care is to work against bad health. By keeping people healthy and helping to manage chronic conditions appropriately, costs can be lowered significantly for all parties. For a long time, data exchange was the sole cooperation between medical and pharmacy benefits, but CIGNA has proven that it’s not enough. By having all the benefits coming from one place, the healthcare companies can create custom care for each client and coordinate data and service to determine what is needed to keep customers in good health.

How this is all achieved is simple. If all the benefits are coming from one place, the individual in question is more likely to undergo health assessments and in turn opt in for health improvement programs, particularly in the cases of health coaching and chronic illness. HealthPartners states that the key benefit of it all is the focus on the patient rather than an aspect of their health care.

Contact Healthcare Consultants - Pharmacy Business Solutions for help with your pharmacy planning, performance and efficiency or interim pharmacy management issues at 800-642-1652.

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