Pharmacy Benefit Management Service Expected to Provide Significant
Savings to Cost of Prescription Drug Benefit;
Company to Build Home Delivery Pharmacies in Canada;
Delivery of Maintenance Medications to Plan Members' Homes to Provide
Added Convenience, Enhanced Compliance for Treatment of Chronic Medical
MISSISSAUGA, ON, Nov. 15, 2011 /CNW/ - Express Scripts Canada, one of
the largest providers of health benefits management services in Canada,
today announced the introduction of a new business model that will
enable Express Scripts Canada to offer companies and organizations that
provide health benefits to their employees, the opportunity to better
control the costs of the prescription drug benefit, while offering the
potential to improve health outcomes to thousands of Canadians.
Express Scripts Canada also announced that its application for a license
to operate a pharmacy in the Province of Ontario by Express Scripts
Pharmacy Ontario Ltd. has been granted by the Ontario College of
Pharmacists. Additionally, Express Scripts Canada announced that it has
relaunched its Web site, which can be accessed at www.express-scripts.ca.
The new business model is based on an expanded pharmacy benefit
management (PBM) service and home-delivery pharmacy. It is the latest
in a line of next-generation solutions that will enable Express Scripts
Canada to better meet the current and emerging needs of its customers
by making it possible to significantly reduce the cost of providing a
prescription drug benefit.
The new service is designed to complement existing drug-benefit programs
provided to plan sponsors by insurance companies and third-party
"Given past and current trends of rapidly rising costs to maintain
health benefits programs, as an industry, we need to improve the way
Canadians can access safe, affordable prescription drugs," said Michael
Biskey, President of Express Scripts Canada. "To better control rising
costs, plan sponsors and insurance carriers need an integrated
solution, like our expanded pharmacy benefit management service, that
enables them to more effectively manage their drug benefits.
"The introduction of the Express Scripts Canada service provides
practical drug-benefit management tools that will make it possible for
employers and their employees to work together to eliminate waste and,
in turn, utilize the drug benefit more efficiently and effectively."
Express Scripts Canada will officially launch the new PBM service on
January 3, 2012.
Pharmacy Benefit Management
Express Scripts Canada's expanded PBM service, which can be added by
companies and organizations without changing insurance carriers,
applies behavioral sciences to health care decision-making in order to
more effectively manage benefit costs and improve health outcomes. Plan
members, with the support of their physician, will interact with a team
of highly qualified professionals at Express Scripts Canada to learn
about their maintenance medication alternatives so that they can make
more informed choices. The result will be decisions that offer the best
possible health outcome, while reducing costs for both the member and
their plan sponsor.
Working in conjunction with the expanded PBM service, the Express
Scripts Canada Pharmacy facilitates the dispensing and delivery of
prescription drugs to treat ongoing medical conditions, such as asthma,
diabetes, high cholesterol and high blood pressure. A supply of up to
90 days of these prescription medications will be delivered, via free
standard shipping, to patients' homes, or to the address they
"The cost and quality of health care is a great concern to all Canadians
- that is why we believe this is the right service at the right time
for Canada's health benefits industry," said Mr. Biskey. "Companies
like ours have a responsibility to provide leadership to drive out the
waste in health care, and help facilitate delivery of the best care in
"The introduction of the expanded PBM service and home delivery from the
Express Scripts Canada Pharmacy will accelerate our efforts to create
greater efficiencies in the health-care system, and better co-ordinate
the efforts of Canadian companies and organizations to control the
rising costs of prescription medications, while offering them the
potential to improve health outcomes."
Mr. Biskey said he is confident that the value proposition of the
expanded pharmacy benefit management service - specifically as it
pertains to cost, convenience and compliance - will convince many
benefits plan sponsors and their plan members to use the service.
"Our research indicates that leveraging our understanding of human
behavior, in combination with actively managing health benefits, make
possible significant reductions in annual pharmacy-related waste simply
by activating patients' good intentions to improve common behaviors
linked to their prescription drugs ," Mr. Biskey adds.
Express Scripts Canada believes that the expansion of its PBM service
will further deliver value to plan sponsors and their members by:
Generating greater cost savings for patients and plan sponsors.
Closing gaps in care and achieving greater adherence through Express
Scripts Canada's combined behavioral and clinical approach.
Deploying home-delivery pharmacy technology to optimize patient care and
Accelerating the research, development and deployment of
trend-management solutions to address inefficiencies in the
Intensifying the focus on efforts to eliminate waste and abuse with the
prescription drug benefit.
Collaborating with other leading companies in the health-benefits sector
to develop next-generation solutions.
A highly skilled team of pharmacists and pharmacy technicians verify the
clinical quality of each and every prescription filled. Patients of the
Ontario pharmacy, which is open Monday to Saturday, from 9 a.m. to 6
p.m. ET, will have access to pharmacists to answer questions about
New Web Site
Earlier this morning, Express Scripts Canada relaunched its Web site.
The Web site, which can be accessed at www.express-scripts.ca, will provide customers with a more comprehensive understanding of
Express Scripts Canada's new business model, and the breadth and range
of health-benefits management services it has to offer.
Express Scripts Canada is the only pharmacy benefits management company
in Canada to offer a full range of integrated PBM products and
services. For more information about Express Scripts Canada's expanded
pharmacy benefit management service, including home delivery from the
Express Scripts Canada Pharmacy, go to www.express-scripts.ca.
About Express Scripts Canada
Express Scripts Canada, a registered business name of ESI Canada, an
Ontario partnership indirectly controlled by Express Scripts, Inc., 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 the best possible
health outcomes at the lowest possible cost. For more information about
Express Scripts Canada, visit its Web site at www.express-scripts.ca.
About Express Scripts, Inc.
Express Scripts, Inc. (NASDAQ: ESRX), one of the largest pharmacy
benefit management companies in North America, is leading the way
toward creating better health and value for patients through
Consumerology®, the advanced application of the behavioral sciences to
health care. This approach is helping millions of members realize
greater health-care outcomes and lowering cost by assisting in
influencing their behavior.
Headquartered in St. Louis, Express Scripts, Inc. provides integrated
PBM services, including network-pharmacy claims processing, home
delivery services, specialty benefit management, benefit-design
consultation, drug-utilization review, formulary management, and
medical and drug data analysis services. The Company also distributes a
full range of biopharmaceutical products and provides extensive
cost-management and patient-care services. More information can be
found at http://www.express-scripts.com.
SOURCE ESI Canada
For further information:
Paul Stulberg, Director of Marketing & Communications
(905) 712-6301 firstname.lastname@example.org