16:45 PM

Blue Cross Blue Shield organizations and Civica Rx partner on lower cost generic drugs

The Blue Cross Blue Shield Association and 18 independent and locally-operated BCBS companies are partnering with Civica Rx to lower the cost of generic prescription drugs.

The 18 BCBS companies will provide $55 million to help create a Civica subsidiary, according to the BCBS Association. As a result of the partnership, Civica will produce certain generics taken outside the hospital setting.

The specific generics to be manufactured are still to be determined, but will treat a range of health conditions.

Read more at Healthcare Finance.



Don’t miss an update from Horizon Health News. Stay informed by getting the latest stories and health news impacting New Jersey delivered straight to your inbox.