Meridian Health Plan Announces New Pharmacy Benefit Manager
CHICAGO, March 20, 2013 /PRNewswire/ -- Meridian Health Plan is pleased to welcome MeridianRx as its new Pharmacy Benefit Manager (PBM).
Effective April 1, MeridianRx will handle the processing and payment of prescription drug claims for the Medicaid managed care plan. Currently, the Illinois Department of Healthcare and Family Services (HFS) provides pharmacy services for Medicaid beneficiaries. HFS decided to move pharmacy benefits to managed care plans in an effort to improve coordination of care and health outcomes.
"The partnership with MeridianRx will significantly improve the quality of care for our members because care will be coordinated across the entire health spectrum," Mike Cotton, President/COO of Meridian Health Plan said. "MeridianRx's innovative use of technology with managed care plans and their commitment to clinical support for coordinating care gives our members better quality pharmacy services while improving overall health."
MeridianRx, an affiliate of Meridian Health Plan, has a comprehensive national network, with 57,000 pharmacies in all 50 states, the District of Columbia, U.S. Virgin Islands, American Samoa, Northern Mariana Islands, Puerto Rico and Guam.
Meridian Health Plan is a physician-owned, physician-operated health plan with extensive experience in its subsidiary operations in Michigan, Illinois and Iowa. Meridian's affiliates include Medicaid and Medicare health plans. Meridian Health Plan currently serves over 300,000 Medicaid members. For more information, visit www.mhplan.com.
SOURCE Meridian Health Plan