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Mark Cuban Cost Plus Drug Company partners with PBM EmsanaRx

Nydailyupdate by Nydailyupdate
December 8, 2022
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Mark Cuban Cost Plus Drug Company partners with PBM EmsanaRx
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Mark Cuban Cost Plus Drug Company (MCCPDC) announced a partnership with pharmacy benefit manager EmsanaRx to allow employers and employees access to lower-cost prescription drugs via a new platform called EmsanaRx Plus.

EmsanaRx Plus is a supplemental discount drug platform designed specifically for employers. It utilizes EmsanaRx’s ability to integrate with employer-sponsored drug benefits, and employees can use their health plan benefits while accessing their medication through the platform.

MCCPDC is a public-benefit corporation and online pharmacy that provides medications at a lower cost by working directly with distributors and manufacturers.

EmsanaRx is a pharmacy benefit manager for self-funded employers that was launched by the national employer group the Purchaser Business Group on Health (PBGH) in 2021. 

The partnership expands MCCPDC from the direct-to-consumer market to the employer market.

THE LARGER TREND

MCCPDC announced its integration into Rightway Health‘s platform in September, allowing the pharmacy benefit manager’s members access to MCCPDC. 

In October, Texas-based MCCPDC announced its first health plan partnership with Capital Blue Cross, which allows Capital members and community organizers to access lower-cost drugs via MCCPDC’s platform.

MCCPDC rolled out its own digital pharmacy earlier this year. 

Amazon Pharmacy has become another large player in the online pharmacy space after acquiring virtual pharmacy PillPack in 2018. 

In March, it announced a partnership with Blue Cross Blue Shield plans in five states and pharmacy benefit manager Prime Therapeutics to offer a prescription discount savings card.

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