OptumRx - National Labor and Management Conference
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Transcript OptumRx - National Labor and Management Conference
Health Care Connected: Next Generation Pharmacy
February 13, 2016
2015= Hepatitis C $$$$
2016 and Beyond: Strategies to
control Specialty Drug cost and
improve outcomes
Pharmacy impacts all health care costs
Pharmacy represents 20% of health care costs …
yet it can dramatically affect the other 80% of spend
Missed Opportunities
50%
of medications
20
50%
of patients
19%
are not taken
as prescribed2
Fragmented Experience & Care
%
Generics
Brands
Specialty
81%
46%
leave doctor
not understanding
what they were told1
Increased Cost
35%
$54B
increase
in specialty
pharmacy costs
over last 5 years3
18%
1%
Use
Cost
1. AHIP Coverage, 2013; 2. Kaiser/HRET Survey of Employer Health Benefits, 2013;
3. IMS Health, National Sales Perspectives, Dec 2014; 4. IMS Institute for Healthcare Informatics. Avoidable Costs in U.S. Healthcare. 2013
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Clinical Solutions
Standard Toolkit
Innovation ‘Now’
• Standard Formulary Suite
• Transitional Care Readmission Prevention
• Utilization Management
• Tech-Enabled Diabetes Care Mgmt
• Concurrent DUR
• Outcomes-Driven PhRMA Contracting
• Retrospective DUR
• Multidimensional Specialty Care
Management
• Fraud Waste & Abuse Mgmt
• Adherence Monitoring & Intervention
• Care Gap Impact
• Prospective Pipeline Review,
Forecasting & P&T Deliberation
• Therapeutic Interchange
• SECURE Compound Mgmt Program &
Industry’s 1st & Only Credentialed
Compound Network
• High-Risk Meds in Elderly
• Patterns of Care Provider Profiling
• Provider Profiling
• Generic Inflation Solution Suite
• Medication Therapy Management
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Medical utilization management
CONTINUED MANAGEMENT OF THE MOST EXPENSIVE MEDICATIONS
Today
Tomorrow
• 28 drug policies - over 100 drugs
• Implementation of new drug polices
• Prior authorization with medical necessity
• Expansion of genetic testing and
lab value requirements
• Preferred products
• Redirect to lower-cost sites
• Clinical claim edits
• Administrative guide protocols
• Required specialty pharmacy sourcing
• Expansion of preferred products across
benefits
• Expansion of redirection to lower-cost sites
of services
• Expansion of utilization management
programs
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Expansion of medical necessity
NOTIFICATION /
PRIOR AUTHORIZATION
MEDICAL
NECESSITY
Coverage is based on
approved or proven uses of
the medication
Coverage is approved
if treatment
is deemed medically necessary
Drug
Diagnosis
Dose
Duration
Genetic Testing
Dose Titration
Evaluation of
Response
Treatment Guidelines
Preferred Product
Site of Service
Expanded clinical and cost effectiveness review
with medical necessity vs. traditional approach
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Improving
patient well being
Smart touch approach to patient care
BETTER CARE THROUGH DATA AND ANALYTICS
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BriovaLive™
INCREASED COMFORT AND ADHERENCE THROUGH VIDEO CONSULTATIONS
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BriovaLive™
Our video consult capability provides education
with a personalized touch
• Review medications & supplies •
•
• Assemble device (if needed)
•
• Injection training
•
• Storing procedures
Side effects
Drug interactions
Questions
Support & reassurance
7%
improvement in
adherence after
participating in a
video consultation.*
*Catamaran/BriovaRx study
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BriovaCommunity™
GREATER UNDERSTANDING THROUGH PERSONALIZED VIDEOS
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BriovaCommunity™
Tailored websites and videos to help members better
understand their conditions and live healthier lives
10%
Better persistency and
adherence for
Harvoni patients using
BriovaCommunity™*
Information on conditions and treatments
Tips on medication adherence and
side-effect management
Guidance on diet, meditation and other
lifestyle topics
Introduction to BriovaRx® care team members
Advice from expert physicians and clinicians
Testimonials from peers with similar illnesses
*internal analysis
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Specialty Drug Strategies for Fund Trustee Consideration
• Assure Current Plan Design and Administration is addressing :
- Priior Authorization
- Step Therapy
- Quantity Limits
- Site of Service
- Rebate transparency
• Leverage International Union PBM programs
- Preferred pricing
- Contract terms
- Service Model
• Explore Regional Labor Alliances
- Coalition pricing
- Audit rights
- Contract terms
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