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Reports: Insurers shifting greater share of specialty drug costs to patients

BY Alaric DeArment

NEW YORK — Some health insurers are requiring patients to pay larger sums for specialty drugs, according to published reports.

The Los Angeles Times reported that such health insurers as Aetna, Anthem Blue Cross were shifting patients to new plans that required patients to pay more for drugs to treat such conditions as HIV. The article quoted spokesmen for health insurers as saying that they were moving expensive specialty drugs from co-pay tiers to cost-sharing tiers, in many cases responding to employers’ concerns about rising costs.

The story noted that about 57 million Americans use specialty drugs, which, according to IMS Health, account for 1% of drug use but 17% of drug spending by insurers.


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L.MICHAELS says:
Jun-09-2012 01:24 pm

Higher copays is why manufacturers issue copay assistance cards.

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Navarro Discount Pharmacy adds liquor store to exisiting location

BY Antoinette Alexander

MIAMI — Navarro Discount Pharmacy, a Hispanic-owned pharmacy chain and an MBF Healthcare portfolio company, has announced the addition of a liquor store operation adjacent to an existing store in Miami Beach.

The 900-sq.-ft. liquor store, located adjacent to the store at 18500 Collins Ave. in Sunny Isles, has a separate entrance and is stocked with Navarro’s collection of domestic and imported wines and liquors.


“Adding the liquor store in Sunny Isles was a unique opportunity that we decided to take advantage of,” stated Cristy Leon-Rivero, VP marketing. “It is also another way for us to continue to serve our customers and offer the (discount) value proposition they are accustomed to at Navarro”.

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Paramount Farms introduces Wonderful Almonds

BY Allison Cerra

LOS ANGELES — The Wonderful brand has expanded beyond pistachios.

New Wonderful Almonds, available in roasted and salted, roasted no salt and natural raw varieties, are nutrient-dense, California-grown nuts, parent company Paramount Farms said.

"We’re excited to add almonds to the Wonderful brand family, giving our consumers additional healthy, high-quality snack choices," said Marc Seguin, VP marketing North America for Paramount Farms. "Our research shows that 70% of Wonderful Pistachios purchasers also buy almonds, so it was a natural next step to introduce almonds under the hugely successful Wonderful halo, providing consumers with the option to purchase almonds from a brand they already trust."

Wonderful Almonds can be found in 7-oz. bags in the produce section of stores nationwide, as well as in 48-oz. bags in the grocery sections at club stores.

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