Have you heard the news?
You could WIN a remarkable weekend for 2 at the exclusive Algonquin Resort!
The contest runs from May 15 until August 31, 2023.
If you are looking for ideas and support to help with your WIN, please reach out to your Account Representative.
We are committed to ensuring our plans direct every dollar spent toward providing your clients with the proper treatment at the right time. This focus helps keep the plan sustainable while integrating emerging drugs and treatments in the plan as needed.
Substituting lower cost generic drugs in place of their more costly equivalents is one of the most effective ways to control drug costs while also ensuring access to care.
Different provincial pharmacy regulators apply a variety of rules around what drugs can be substituted. Some only permit substitution for drugs covered by the provincial formulary while others allow interchangeability for all drugs.
Over the coming months, we will be expanding the coverage of our generic substitution program to include all drugs, where allowed by provincial regulation in New Brunswick (NB), and Prince Edward Island (PEI). Pharmacists will be directed to begin substituting specific medications that are recognized as pharmaceutical equivalents by Health Canada.
If you have clients living in NB or PEI, some members may see a reduction in the reimbursement to the generic equivalent amount of some medications they currently are covered for.
Over the next few months, affected plan members will receive a communication outlining the change and their options, giving them time to prepare for next steps. Members who wish to continue to use the non-generic version of a drug can do so, paying the cost difference between the products.
Options, Options Plus and Select members may have an amendment issued, providing one month’s notice, to reflect a change to the interchangeable drug definition in the policy booklet.
All pharmacies in NB or PEI will also receive a communication outlining the change and how to support member questions.
See the Generic Drug FAQ for additional support.
Over the past two years, the landscape for diabetes has seen substantial developments. Notable trends include:
In addition to current measures including quantity limits and tier controls, we are introducing the following plan management enhancements to help ensure appropriate care, starting August 1, 2023:
For all plans, there is no impact to current claimants. If a new claimant is ineligible, pharmacists can provide real-time assistance about their choices.
Stay tuned to find out more about the ways we are enhancing the online application process for our Internal Dental product to align with our other online applications as we share developments in upcoming communications.
If you haven't had the chance to attend our last two Insights Webinars, click the link below to view the recording:
We hope that you make the most of this Canada Day and take this opportunity to enjoy some time with your loved ones. Our sincerest thank you for your ongoing support and trust in doing business with Medavie Blue Cross.