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Blue Cross Blue Shield of Michigan, DaimlerChrysler, Ford and General Motors with Medco Health Solutions, Inc. Promote Generic Medications Through Education and Generic Samples.


Business Editors

DETROIT--(BUSINESS WIRE)--April 3, 2003

Together Companies Produced Nearly a Million Dollars in Drug Spend

Savings

Blue Cross Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross.  of Michigan, DaimlerChrysler, Ford Motor Company and General Motors have teamed up with Medco Health Solutions Medco Health Solutions, Inc. (NYSE: MHS) is a leading pharmacy benefit manager (PBM) company based in Franklin Lakes, New Jersey. The current chairman is David Snow. The company formed in August 2003 as a spinoff from Merck & Co..  Inc. to promote the use of generic drugs generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name.  by encouraging physicians to increase their generic prescribing rates.

All four Michigan-based companies collaborated with Maisa Haddad, a clinical specialist with Medco Health, as part of Generics First(R), a nationwide program that uses brand pharmaceutical tactics to provide physicians with generic drug education and access to generic samples. The program generated an average of nearly $1 million in drug spend savings from physician office visits in 2001 in each of its markets, including Michigan. In addition, participating physicians demonstrated a 22 percent jump in their generic prescribing rates over prescribing rates of a comparison group of physicians. Through Generics First, pharmacists This is a list of notable pharmacists.
  • Dora Akunyili, Director General of National Agency for Food and Drug Administration and Control of Nigeria
  • Charles Alderton (1857 - 1941), American inventor the soft drink Dr Pepper
  • George F.
 conduct monthly one-on-one meetings with physicians, offering them detailed clinical and cost information on generic drugs and encouraging them to consider prescribing generic alternatives to higher cost brand-name medications whenever clinically appropriate. Generic drug samples are also made available to the physicians through a simple fax/mail order form.

"There are generic alternatives that are much lower cost and provide similar efficacy to branded medications for many health conditions. In these instances, it makes absolute sense both clinically and financially to prescribe generics whenever possible," said Haddad. "Through face-to-face meetings with physicians where we can discuss the benefits of generic alternatives, we're clearly providing a service that has tremendous value to these doctors and their patients."

During the pilot Haddad made multiple visits to over 400 physicians in the Detroit and Flint areas, to discuss the availability, clinical benefits, and economic value of various generic medications and to encourage their use as first-line therapy and to provide access to generic drug samples. An additional 1000 physicians had access to these generic drug samples through a direct mail component. Through this comprehensive effort, participating physicians in Michigan ordered 92,000 generic samples, which amounted to over 570,000 days of therapy, demonstrating that physicians across the state embrace the use of samples to increase the amount of generic medications they were willing to prescribe as first line therapy when clinically appropriate.

Besides Generics First, BCBSM BCBSM Blue Cross/Blue Shield of Michigan , DaimlerChrysler, Ford and GM each boasts a number of additional generic awareness initiatives.

"The $1 million savings through the Medco Health program is one part of an estimated $29 million in savings that Blue Cross Blue Shield of Michigan has generated for its customers under multiple programs that it has had underway to promote generics over the last 18 months," said Atheer Kaddis, director of pharmacy services/clinical for the Michigan Blues. "We are pleased to have Medco Health join with us in this effort to increase awareness of the value of generics."

Generic medications have become a highly touted counter to rising prescription healthcare costs. Nationwide, every one percent increase in generic utilization decreases prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  costs by $1.16 billion per year.

"Through our partnership with Medco Health, we have positively impacted our drug spend by promoting best-in-class prescribing of drugs that address the under use, misuse and over use occurring among GM employees and retirees," said Cynthia Kirman, GM director of pharmacy services. "The results of Generics First demonstrate that physicians appreciate the information provided to them by other health care professionals.

"Ford's efforts to educate physicians as well as our employees, retirees and their families regarding the appropriate use of generic drugs is making a positive impact on our overall health care costs," said Dr. John Wright, Ford's executive physician. "Generics First is an excellent cooperative initiative to promote the safe and effective use of generic drugs, and we're proud to be a part of it.

Based on the success of the pilot program, Medco Health has expanded the Generics First program to include up to 1,800 physicians in Michigan who will receive clinical and cost education or access to free samples of leading generic medications. Of these physicians, 470 were invited to participate in a recently launched, innovative e-education program that provides Generics First information online.

About Blue Cross Blue Shield of Michigan

Blue Cross Blue Shield of Michigan, a nonprofit corporation nonprofit corporation n. an organization incorporated under state laws and approved by both the state's Secretary of State and its taxing authority as operating for educational, charitable, social, religious, civic or humanitarian purposes. , provides health care benefits to 4.8 million members through a variety of plans: Traditional, Blue Preferred and Community Blue PPOs, Blue Choice Point of Service, and the Blue Care Network HMO HMO health maintenance organization.

HMO
n.
A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial,
. Its group customers include General Motors Corp., Ford Motor Co. and DaimlerChrysler. Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association
Blue Cross redirects here. For other uses, see Blue Cross (disambiguation)
The Blue Cross and Blue Shield Association (BCBSA) is a American federation of 39 independent, community-based and locally operated Blue Cross and Blue Shield healthcare
. For more information, visit www.bcbsm.com

About DaimlerChrysler Corporation

DaimlerChrysler Corporation (NYSE NYSE

See: New York Stock Exchange
: DCX DCX DaimlerChrysler Ag (stock symbol)
DCX Dixie Chicks (American country rock band)
DCX Multipage PCX (file extension/format)
DCX Double Convex
DCX Double Charge Exchange
), also known as the Chrysler Group, is the North American-based unit of DaimlerChrysler AG. It is involved in the manufacturing, marketing, distribution, financing and sales of cars, minivans, sport-utility vehicles sport-u·til·i·ty vehicle
n. Abbr. SUV
A four-wheel-drive vehicle with a roomy body, designed for off-road travel.
 and trucks for customers worldwide. The Chrysler Group operates in more than 90 countries and provides healthcare to approximately 390,000 employees, retirees and their dependents in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . DaimlerChrysler Corporation spent $1.4 billion for health care in 2002 with prescription drugs accounting for approximately $414 million of the total health care bill.

About Ford Motor Company

Ford Motor Company (NYSE: F) is the world's second-largest automaker with approximately 350,000 employees, and operations in more than 200 markets on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . It provides healthcare benefits to approximately 600,000 employees, retirees and their dependents in the United States. Ford spent $2.7 billion for health care in 2002, Prescription drug costs account for 25% of its total health care bill. Ford's automotive brands include Aston Martin Aston Martin Lagonda Limited is a British manufacturer of luxury performance cars, whose headquarters are at Gaydon, Warwickshire, England. The company name is derived from the Aston Clinton hill climb and one of the company's founders, Lionel Martin. , Ford, Jaguar, Land Rover See LANRover. , Lincoln, Mazda, Mercury and Volvo. The company will officially observe its 100th anniversary June 16, 2003. Additional information can be found on the company's Web site at www.ford.com.

About General Motors Corporation

General Motors (NYSE: GM), the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide, and has been the global automotive sales leader since 1931. GM employs about 355,000 people around the world. GM is the largest private purchaser of health care in the United States Health care in the United States is provided by many separate legal entities. The U.S. spends more on health care, both as a proportion of gross domestic product (GDP) and on a per-capita basis, than any other nation in the world. Current estimates put U.S. . It provides healthcare benefits to 1.2 million employees, retirees and their dependents. GM spent $4.5 billion for health care services in 2002, $1.4 billion of which represented prescription drug costs.

About Medco Health

Medco Health Solutions, Inc., is the nation's leading provider of prescription healthcare services, based on the $33 billion in drug spend the company managed for its clients in 2002. Formerly known as Merck-Medco, Medco Health is a wholly owned and independently managed subsidiary of Merck & Co., Inc. (NYSE: MRK MRK Merck & Company (stock symbol)
MRK Mayer-Rokitansky-Kuster (anomaly)
MRK Manual Remote Keying
), and assists its clients to moderate the cost and enhance the quality of prescription drug benefits provided to about 64 million Americans nationwide.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U3MI
Date:Apr 3, 2003
Words:1147
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