AH085 - Addressing Barriers to Drug Access & Affordability, with Valeris' Andy Glade
Description
This episode of the Astonishing Healthcare podcast features a unique client of ours - Andy Glade, Senior Director of Trade Operations at Valeris. We discussed how to remove financial barriers to care and streamline access to the medications people need through the use of copay cards, vouchers, and patient assistance programs (PAPs). In a rapidly evolving market, these programs play an important role in reducing prescription abandonment and increasing adherence in convenient ways, particularly for chronic conditions and when extremely expensive specialty medications are prescribed.
Additional highlights from the conversation with Andy include:
- How modern technology - Judi® - helps make life easier by giving the Valeris team control and the flexibility to quickly design programs, test new features, and monitor their programs through detailed reporting.
- How copay cards help with brand-name prescription drugs, especially those with higher price tags or drugs that are on the higher tiers of insurance (where out-of-pocket costs can be significant): "They're super common in competitive drug categories like diabetes, or asthma, or psoriasis, where multiple branded drugs are fighting for market share."
- What the patient pays: these programs differ in terms of cost for patients, but all are designed to improve access. Some programs have a maximum dollar amount or a limit on the number of fills you can get; others are more flexible and don't have a cap at all.
- An astonishing - but all too common - example of a patient who was able to overcome embarrassment and access an expensive branded injectable at no cost.
Related Content
- 12 New Judi® Features Innovating Pharmacy Benefit Administration
- Replay: The Future of Health Benefit Design: How Judi® Powers Seamless Care and Better Outcomes
- AH081 - Promoting Competition & Innovation: The Push for PBM Reform, with Rep. Jake Auchincloss
- Health Benefits 101: The Importance of a Transparent PBM Model
- Replay - Strategic Well-Being: Rethinking Health Benefits to Empower Employees and Drive Impact
For more information about Capital Rx and this episode, please visit Judi Health - Insights.
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