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News Aetna, HIP Use Specialty Rx Strategies
2008-11-06 Although oncology medications hold great promise, costs for such treatments
are rising rapidly, says Rebecca Shanahan, executive vice president and
general manager of Aetna, Inc. subsidiary Aetna Specialty Pharmacy. She
says that on a national basis, 50% of all specialty drug spending is on
oncology medications and adjunctive therapies — and cancer medications are
driving specialty spending up 20% per year. Shanahan spoke at an April 6
audioconference on "Oncology Management Strategies for Health Plans and
Employers" sponsored by Atlantic Information Services, Inc.
One of the key focuses of Aetna Specialty Pharmacy is medication
compliance, Shanahan says. She asserts that 94% of patients receiving drugs
through specialty pharmacies are compliant, compared with just 53% of
retail customers. To improve compliance, the insurer provides new patient
teaching and assessment, injection training and support, compliance
monitoring and physician communication.
Shanahan also identified several strategies for health plans working to
manage oncology treatment costs through specialty pharmacy. They include
more carefully timing chemotherapy in order to match patients' blood cell
count and maximize their window of response; reimbursing physicians more
for prescribing "preferred regimens," and using step therapy to help ensure
that patients will be successful on treatment.
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