Prescription Solutions’ Pharmacy "Value Network" Provides Choice for Clients and Consumers While Keeping Rising Costs in Check
- New Network Option Offers Convenient Access to Nearly 20,000 Participating Retail Pharmacies Nationwide
Prescription Solutions, a leading pharmacy benefits management (PBM) organization and one of the Optum companies of UnitedHealth Group (NYSE: UNH), announced its new pharmacy “Value Network” designed to give clients new options for reducing their prescription drug costs.
Smaller pharmacy networks help provide greater market share for participating pharmacies while reducing pharmacy benefit costs for clients, all while offering consumers convenient, local access to pharmacies and the potential to help their employers save money. The Value Network includes about 20,000 pharmacies across the United States and is available now to clients of any size, including employers, unions, public agencies and coalitions.
“Between 30 and 40 percent of the requests for proposals we receive from clients ask for a value network that will help them keep rising pharmacy costs in check and make health care more affordable for them,” said Angelo Giambrone, senior vice president for Industry & Network Relations at Prescription Solutions. “Through lower fees and better discounts, our Value Network does that for our clients, plus it gives them the potential to pass these lower costs along.”
Pharmacies in the Prescription Solutions Value Network are close to home or work for most people.
- In urban areas, more than 90 percent of the U.S. population lives within four miles of at least one value network pharmacy.
- In suburban areas, more than 90 percent of the U.S. population lives within eight miles of at least one value network pharmacy.
- In rural areas, more than 70 percent of the U.S. population lives within 15 miles of at least one value network pharmacy.
Members can locate a Value Network pharmacy near them by using the Prescription Solutions online pharmacy locator tool at www.prescriptionsolutions.com.
The Value Network is just one of many innovative programs and services offered by Prescription Solutions that help make the health care system more affordable and efficient for consumers, payers and health care professionals. These offerings include the new online Prior Authorization service for prescribers, the online Pharmacy Benefit Advisor program for payers, and the mobile Prescription Solutions website and prescription text reminder service for consumers.
About Prescription Solutions
Prescription Solutions is an innovative pharmacy benefit management company managing the prescription drug benefit of commercial, Medicare and other governmental health plans, as well as those of employers and unions. A UnitedHealth Group company, Prescription Solutions serves customers through a national network of 64,000 community pharmacies and state-of-the-art mail service pharmacies in Carlsbad, Calif., and Overland Park, Kan., both of which have earned the prestigious Verified Internet Pharmacy Practice Sites™ (VIPPS®) accreditation by the National Association of Boards of Pharmacy® (NABP®). Prescription Solutions also won a Platinum Award for URAC’s Best Practices for Consumer Empowerment and Protection Awards for the Multiple Sclerosis Disease Therapy Management Program (2010); and two Silver Awards: the Drug Interaction Alert Program (2009) and Geriatric RxMonitor Program (2008), Additional information can be found at www.prescriptionsolutions.com.
Optum is an information and technology-enabled health services business platform serving the broad health care marketplace, including care providers, plan sponsors, life sciences companies and consumers. Its business units – OptumInsight, OptumHealth and OptumRx – employ more than 30,000 people worldwide.
About UnitedHealth Group
UnitedHealth Group is a diversified health and well-being company dedicated to helping people live healthier lives and making health care work better. With headquarters in Minnetonka, Minn., UnitedHealth Group offers a broad spectrum of products and services through six operating businesses: UnitedHealthcare Employer & Individual, UnitedHealthcare Medicare & Retirement, UnitedHealthcare Community & State, OptumHealth, Ingenix and Prescription Solutions. Through its family of businesses, UnitedHealth Group serves more than 75 million people worldwide. Visit www.unitedhealthgroup.com for more information.