What are various options for cost containment?
Pay Direct Drug Cards and Drug Formularies should be investigated to determine their particular impact. Most major insurers have chosen to outsource their facility for extended health care drug coverage re-imbursement to either the Assure Health Network, or Eclipse Network. This system enables an employee to approach a pharmacy for medications with merely an “Interac” type card, which contains the necessary information to conduct a transaction directly at the till of the pharmacy. The card contains coverage level information as well as positive enrolment verification, and permits the pharmacist to ensure payment for his prescription without having the customer pay an up front cost. The customer would only pay an annual deductible or a per prescription charge (if applicable). This convenience factor is normally combined with a restrictive drug formulary which permits only the B.C. reference based pricing for pharmaceuticals or another limited level of eligible generic drugs. The proper
