Integrated Service Offer Will Help Desjardins Group Insurance Plan
Sponsors, Plan Members Manage Their Healthcare Costs
Agreement Helps Open Important New Channel to Market, Sell Active
Pharmacy Benefit Management to Canadian Plan Sponsors
Service to Include Home Delivery Of Maintenance Prescription Medications
from the Express Scripts Canada Pharmacy™
LEVIS, QC and MISSISSAUGA, ON, Feb. 27, 2013 /CNW/ - Desjardins
Insurance, part of Canada's leading co-operative financial group,
Desjardins Group, and Express Scripts Canada, one of the largest
providers of health benefits management services in Canada, today
announced that they have jointly developed a new service for the
Canadian market that creates a new group benefits offering by
integrating Desjardins' group benefit services with Express Scripts
Canada's active pharmacy benefit management (PBM) service and home
delivery of maintenance prescription medications from Express Scripts
Canada Pharmacy™ locations across the country.
Maintenance prescription medications are drugs prescribed for ongoing
medical conditions such as asthma, diabetes, high blood pressure and
high cholesterol. Research conducted by Express Scripts Canada has
determined that maintenance medications represent 55% of drug benefit
costs and 65% of drug benefit claims.
Desjardins and Express Scripts Canada have integrated key benefit plan
and drug therapy information in support of this new service. Using
proven tools, the Express Scripts Canada Pharmacy will use this
information to help plan members and their physicians make more
informed health-care and benefit cost decisions. With this service,
Canadian plan sponsors have access to proven tools to better manage the
cost of the prescription drug benefit while providing plan members with
an enhanced prescription drug service.
Bill Packham, Executive Managing Director, Wealth Management and Life
and Health Insurance, Desjardins Group, said that there is a market
need for a service that will make the prescription drug benefit more
sustainable and affordable.
"This new service could help plan sponsors cut their overall healthcare
costs by up to 5% and their costs for chronic health problems by as
much as 10%," Mr. Packham said. "In addition, it will help plan
members to better manage their chronic conditions and provide a
convenient service for those with busy schedules or other challenges."
Michael Biskey, President of Express Scripts Canada, said that this
agreement opens up "important new channels through which to introduce
our services to companies and organizations of all sizes across
"For many years, we have enjoyed a mutually rewarding business
relationship with Desjardins," said Mr. Biskey. "Both companies want to
deliver the best possible health outcomes at the lowest possible cost
to our customers. This is a great win for Express Scripts Canada,
Desjardins and, most importantly, the plan sponsors and their plan
Mr. Packham also said that this agreement strengthens an already strong
partnership with Express Scripts Canada, and will allow the two
companies to work more closely together to serve the needs of the
Canadian health-benefits market.
"We continue to strengthen our presence in the insurance market
nationwide and we're very pleased to be the first Canadian insurance
company to offer this integrated service to clients through the Express
Scripts Canada Pharmacy's locations across the country."
In addition to adjudicating pharmacy and dental claims on behalf of
Desjardins and its customers, Express Scripts Canada provides expertise
in the areas of benefit design consultation, drug utilization review,
formulary management and medical and drug-data analysis services.
For more information about Express Scripts Canada's active PBM service
and Express Scripts Canada Pharmacy, go to www.express-scripts.ca.
About Express Scripts Canada
Express Scripts Canada, a registered business name of both ESI Canada
and Express Scripts Canada Services, each an Ontario partnership, is
indirectly owned by Express Scripts Holding Company, a U.S. public
entity (formerly Express Scripts, Inc.), and is one of Canada's leading
providers of health benefits management services. From its corporate
headquarters in Mississauga, Ontario, just outside Toronto, Express
Scripts Canada provides a full range of integrated pharmacy benefit
management (PBM) services to insurers, third-party administrators, plan
sponsors and the public sector, including health-claims adjudication
and processing services, Home Delivery Pharmacy Services,
benefit-design consultation, drug-utilization review, formulary
management, and medical and drug-data analysis services, to better
facilitate better health decisions and lower costs. For more
information about Express Scripts Canada, visit www.express-scripts.ca.
About Desjardins Insurance
Desjardins Insurance has been offering a wide range of life and health insurance and
retirement savings products to individuals, groups and businesses for
more than a century. As one of Canada's five largest life insurers,
they oversee the financial security of over five million Canadians from
offices across the country. Desjardins Insurance is part of Desjardins
Group, the country's leading cooperative financial group.
Desjardins Insurance refers to Desjardins Financial Security Life
SOURCE: ESI Canada
For further information:
Sarah Twomey, Media Relations Advisor, Desjardins Group
(416) 926-2700 or 1 (877) 906-5551, ext. 2015, email@example.com
Paul Stulberg, Director of Marketing & Communications, Express Scripts Canada
(905) 712-6301 firstname.lastname@example.org