Partnership to help address rising costs of prescription drugs
Applies to: All Markets
Horizon Blue Cross Blue Shield of New Jersey – along with 17 other Blue Plans, the Blue Cross Blue Shield Association and the Federal Employee Program® (FEP®) – recently announced our partnership with Civica Rx (Civica).
Civica, a not-for-profit company, was founded in September 2018 by national philanthropies and numerous health systems that represent nearly 1,200 hospitals. Civica’s mission is to ensure that essential generic medications are accessible and affordable. This partnership will help expand Civica’s mission beyond the inpatient setting and into developing generics for medicines delivered in an outpatient setting.
We believe everyone should have access to safe, effective, essential prescription medicines when they need them at a price they can afford.
Our partnership with Civica will mean savings for employers and their employees. Initial generic medications are expected to be available by 2022, with an anticipated hundreds of millions of dollars in savings generated from the partnership and passed along to our clients and our members.
This partnership with Civica is one of the many ways Horizon BCBSNJ is demonstrating a commitment to lower health care costs and to improve the health of our members.
Horizon BCBSNJ continues to collaborate with other leaders in the health care industry to develop additional innovative solutions to provide consumers with higher quality, more affordable health care.
We will provide updates on the Civica partnership as they become available.