June 16, 2016 - Equitable Life announced today that it is joining with BioScript Pharmacy to introduce a Specialty Drug Preferred Pharmacy Network (PPN) that helps employers manage the mounting costs of specialty therapies while providing plan members with best-in-class patient care.
“The trend is clear. Both the introduction and utilization of high-cost specialty drugs to treat less common but serious illnesses continue to rise,” says Martin Chung, Assistant Vice-President of Strategic Health Management at Equitable Life. “These drugs play an important role in disease management but they also need to be responsibly managed to ensure patients continue to benefit from these life-altering therapies.”
In addition to providing potential savings when prescriptions are filled at a BioScript pharmacy, Equitable Life’s Specialty Drug PPN provides a comprehensive end-to-end case management approach that offers plan members support during their illness.
“From the time they are transitioned into the Specialty Drug PPN, plan members benefit from BioScript’s personalized medication education and monitoring, coordination with provincial health plans and guidance in identifying additional sources of financial support,” says Chung.
A specialty drug leader
BioScript is a leader in supporting patients with complex, specialty drug therapies, with pharmacies in every province. These state-of-the-art facilities are designed to manage the strict protocols required to store, coordinate and ship highly sensitive medications.
BioScript is focused exclusively on specialty drugs and have expert resources dedicated to meeting the unique needs of patients with complex, chronic illnesses. This includes pharmacists and support staff specifically trained to provide a high level of patient care.
“BioScript’s service model focuses on exceptional patient care and we are very excited to be working with an organization with such in-depth specialty drug expertise”, says Chung.
“We strive to be true clinical partners in care, with a focus on optimizing health outcomes. We provide trustworthy support to patients and physicians managing complex, chronic illnesses,” says Chris Dalseg, Vice-President, Strategy and Industry Relations at BioScript. “Our relationship with Equitable Life further expands our ability to provide even more Canadians with exceptional patient care.”
About Equitable Life of Canada
Canadians have turned to Equitable Life since 1920 to protect what matters most. We work with independent advisors across Canada to offer individual insurance, savings and retirement and group benefits solutions to meet your needs.
But we’re not your typical financial services company. We have the knowledge, experience and ability to find solutions that work for you. We’re friendly, caring and interested in helping. And we’re owned by our participating policyholders, not shareholders. So we can focus on your interests and provide you with personalized service, security and wellbeing.
www.equitable.ca
About BioScript Pharmacy
BioScript Pharmacy is a division of BioScript Solutions, a Canadian integrated healthcare services provider. BioScript Pharmacy is the only pharmacy focusing solely on specialty drugs with wholly owned pharmacies in all 10 provinces. BioScript Pharmacy provides knowledgeable, trustworthy support to patients receiving biologic and specialty medication therapies. Acting as a true partner in care, BioScript Pharmacy utilizes customized services and technologies to support patients and their associated healthcare providers across Canada with the common goal of achieving the best possible outcomes from their medications.
Media Relations Contact
Don Bisch
Director, Group Marketing
519.904.8017
dbisch@equitable.ca
