Prime Therapeutics LLC (Prime), a pharmacy benefit management company dedicated to providing innovative, clinically-based, cost-effective pharmacy solutions for clients and members, has been chosen by Horizon Healthcare Services, Inc., New Jersey’s oldest and largest health insurance company serving 3.6 million members, to provide pharmacy benefit management (PBM) services to its non-medicare customers beginning April 1, 2013. CVS Caremark currently provides PBM services for Horizon Healthcare Services, Inc.
Prime Therapeutics, owned by 13 Blue Cross Blue Shield Plans, serves 20 million customers across the US and has a long history of providing a full range of pharmacy benefit management services for its participating plans.
Following an extensive proposal process, Horizon Healthcare Services, Inc. selected Prime due to the company’s superior quality outcomes for patients, flexibility regarding products and services, and the ability to provide the lowest net-cost. Through the proposal process, Prime demonstrated that it shared Horizon’s commitment to providing excellent service to its customers.
“Horizon is committed to delivering to our members the most competitive prescription drug prices, top quality services and flexibility in drug formulary options,” said Margaret M Johnson, vice president and Chief Pharmacy Officer, Horizon Healthcare Services, Inc. “Prime has a strong track record of providing integrated medical and pharmacy programs that focus on overall health and wellness. Prime shares our commitment to providing an excellent customer experience and we believe the economies they can deliver will help contain prescription costs,” she said.
“Prime welcomes Horizon’s business. Our practical, customer-focused approach continues to resonate with like-minded health plans seeking a new solution for providing customers with easy access to affordable medicines in today’s health care environment,” said Eric Elliott president and CEO. “The establishment of this relationship provides further proof of the value of an integrated approach in providing the highest quality of care and better outcomes for customers.”