Express Scripts — the PBM of Evernorth, a subsidiary of Cigna Group — will launch the service in early 2024. Express Scripts ClearNetwork will offer the service to Cigna members, including employers, government organizations and health plans, according to a Nov. 14 news release.
ClearNetwork price checks the lowest acquisition cost of medications, which is added to a pharmacy dispensing fee and a markup of 15% or less. The markup fee will be shared with participating pharmacies, which is 65,000 strong in Express Scripts’ network, according to the release.
Cost Plus Drugs has a similar pricing formula, which includes a drug’s manufacturing cost, a 15% markup, a $5 pharmacy labor fee and a $5 shipping fee.
