Blue Cross and BCN launch new Preferred Drug List for group employees

Blue Cross Blue Shield of Michigan and Blue Care Network now offer the Preferred Drug List, a lower-cost drug formulary for self-funded and large group employees.

The Preferred Drug List includes therapeutically effective medications that have the greatest clinical value at the lowest net cost. Our Pharmacy & Therapeutics Committee of physicians and pharmacists reviews and approves these medications based on clinical efficacy and safety. In addition, Blue Cross and BCN pharmacists review and update the drug list regularly to keep pace with the ever-changing prescription drug market.

The Preferred Drug List program features:

• Medications selected for their clinical effectiveness, safety and maximized savings
• Exclusions of certain medications that don’t provide greater clinical value than comparable or lower net cost alternatives. Examples include:
• Medications with lower-cost generic equivalents
• Medications with lower net cost brand or lower-cost generic alternatives with the same therapeutic outcomes

Click here to see the Preferred Drug List.