Mercer's New Pharmacy Benefit Design Improves Compliance.Dx-Rx Pairing(TM) represents state-of-the-art pharmacy design, addresses barriers to patient compliance NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Mercer's new Dx-Rx Pairing[TM] is an advanced pharmacy benefit design that encourages patients to follow pharmacy treatment plans proven most effective for certain high-cost chronic conditions by addressing common barriers to compliance. Dx-Rx Pairing is unique because it addresses three major flaws in current pharmacy design and delivery. First, the plan design minimizes financial barriers to compliance by reducing or eliminating member cost sharing for designated diagnosis/drug pairs. Second, proactive communication to prescribing physicians optimizes first-time prescribing. Third, members whose utilization patterns indicate reduced or minimal compliance are contacted to encourage them to adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. the preferred therapy. These three levers address financial, clinical and personal barriers to compliance. Dx-Rx Pairing is unique among evidence-based pharmacy benefit designs since it targets only those combinations of diagnoses and drug therapies that have been medically proven to improve health status while lowering overall health care costs. Mercer developed the program in conjunction with a number of national experts, notably Niteesh Choudhry, MD, PhD, a leading researcher at Harvard Medical School Harvard Medical School (HMS) is one of the graduate schools of Harvard University. It is a prestigious American medical school located in the Longwood Medical Area of the Mission Hill neighborhood of Boston, Massachusetts. . Clinical evidence shows that linking a specific diagnosis (Dx) with a specific regimen of prescribed drugs (Rx) results in a health status improvement that avoids or reduces other medical costs. Yet traditional health plan designs often discourage the use of these pairings by requiring higher co-payments, even where the pairings have a proven and measurable impact in reducing other medical costs and improving employee productivity and quality of life. Dx-Rx Pairing encourages patients to use the most appropriate medication for specific conditions by reducing drug copayments for certain diagnosis/drug pairings and increasing educational outreach to participants and providers. Most important, Mercer's unique approach fully integrates the efforts of disease management and pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. vendors, integration that is essential to eliminating the barriers to patient compliance. "Today's pharmacy benefit plans typically are designed to reduce drug cost only. They provide little to no monitoring of compliance and miss significant opportunities to improve health," said David Dross, national leader of Mercer's managed pharmacy consulting group. "Dx-Rx Pairing promotes the use of evidence-based drug therapies that improve enrollee health and reduce total health care spending. This approach can reduce an employer's total health care spending by an estimated 1-2 percentage points." Examples of Dx-Rx Pairing include the use of ACE inhibitors for enrollees with diabetes and statins Statins A class of drugs commonly used to lower LDL cholesterol levels. Mentioned in: C-Reactive Protein and other drugs following a heart attack. Since this approach results in improved outcomes and proper adherence, it is particularly effective for employers with a stable workforce and those with poor drug compliance rates for chronic diseases (such as asthma, heart disease, diabetes and hypertension). "What makes this program so innovative is that it moves beyond a cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. initiative to address not only the efficiency of employers' prescription benefit spending but also the effectiveness of medications in achieving better health outcomes for employees," Mr. Dross noted. About Mercer Mercer is a leading global provider of consulting, outsourcing and investment services. Mercer works with clients to solve their most complex benefit and human capital issues, designing and helping manage health, retirement and other benefits. It is a leader in benefit outsourcing. Mercer's investment services include investment consulting and multi-manager investment Multi-manager investment is an investment product that consists of multiple specialized funds. Each specialized fund may invest across different sectors and markets, or having managers investing in the same asset class but have different investment styles. management. Mercer's 17,000 employees are based in more than 40 countries. The company is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Marsh & McLennan Companies, Inc., which lists its stock (ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors : MMC See MultiMediaCard and Microsoft Management Console. ) on the New York, Chicago and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . For more information, visit www.mercer.com. |
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