Evernorth Health Services, a subsidiary of The Cigna Group, has announced several new measures aimed at improving costs and transparency within pharmacy benefits. These changes are designed to ensure that patients directly benefit from Express Scripts' negotiations to lower prescription drug costs.
The new standard offerings will protect patients from paying the high list price of medications, instead providing access to the lower prices negotiated by Express Scripts. Patients in employer-sponsored plans will experience improved financial predictability, particularly during their deductible phase when medication costs are typically highest.
Additionally, Express Scripts will enhance transparency by providing patients with personalized annual summaries detailing their total prescription drug costs, including negotiated savings, discounts, and rebates. Plan sponsors will also receive annual standardized reports disclosing costs and pharmacy claim-level reporting, fostering more informed choices.
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