Partnership to addresses rising costs of prescription drugs
Horizon Blue Cross Blue Shield of New Jersey will join 17 other Blue Plans, the Blue Cross Blue Shield Association and the Federal Employee Program® (FEP®) to announce our partnership with Civica Rx (Civica).
Civica, a non-profit company, was founded in September 2018 by national philanthropies and numerous health systems that represent nearly 1,200 hospitals. A not-for-profit company, Civica’s mission is to ensure that essential generic medications are accessible and affordable to consumers. This partnership will help expand Civica’s mission beyond the inpatient setting developing generics for medicines delivered in an outpatient setting.
Our partnership with Civica will mean savings for individuals and families. 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 consumers.
This 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 will continue 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.