ByBruce Japsen,
Senior Contributor.
Humana, one of the nation’s largest health insurers for older adults, and Mark Cuban’s Cost Plus Drugs are discussing ways to partner to lower the cost of prescription drugs for U.S. employers.
Humana chief executive officer Jim Rechtin and Cuban, the billionaire entrepreneur who co-founded Cost Plus Drugs, disclosed the potential for such a partnership Thursday at the annual Forbes Healthcare Summit. The two, who were on the same panel, said they were working together on ways to improve patient experience at the pharmacy.
The initial effort for Humana and Cost Plus Drugs will be in the area of direct-to-employer programs that bypass traditional pharmacy benefit management companies, Cuban said.
