The massive pharmacy benefit manager (PBM) Optum Rx has launched its Price Edge tool that promises to lower generic prescription drug prices to patients. Price Edge scans through prices and pairs patients with the most affordable generic that matches their prescription. Purchases will apply to patients’ deductibles and out of pocket maximums, the company says, and will be applied to members automatically.
According to Paige Minemyer, “In addition to helping members find the lowest cost for their generic medications, Price Edge is designed to maintain continuity with safety protocols and to protect against contraindications, or a condition in which taking a certain medication would harm the patient rather than help them.”
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(Source: Fierce Healthcare, January 23rd, 2023)