This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Good Science From RegenceRx Equals Good Value For Michigan's Upper Peninsula Health Plan

PORTLAND, Ore., March 6, 2013 /PRNewswire/ -- Prescription medications are a key driver of the nation's rising health care costs, and many health care plans are seeking solutions that will provide the best value to their members. With that in mind, Michigan's Upper Peninsula Health Plan (UPHP) has selected RegenceRx to produce rigorous, independent evidence-based assessments of prescription medications, designed to support and maintain UPHP's formulary and medication coverage policies.

UPHP provides benefits to more than 30,000 Medicaid and MIChild members. It ranks among the top 25 Medicaid managed-care plans in the United States, according to the National Committee for Quality Assurance Medicaid Health Insurance Plan Rankings 2012–2013.

"We are honored that the UPHP has chosen RegenceRx as their partner in providing members with safe, effective and affordable medications. We look forward to helping them fulfill our shared commitment to providing cost efficient, quality health care to their members," said Raulo Frear, Pharm. D., general manager of RegenceRx.

"This partnership is a perfect fit for us, as RegenceRx shares the health plan's commitment to provide cost-efficient, high-quality health care to its members," said Sheryl Waudby, M.S., R. Ph., pharmacy director for the Upper Peninsula Health Plan. "We look forward to working with RegenceRx to support our formulary, the foundation of our pharmacy benefits program and our efforts to manage a value-based pharmacy benefit for our members." 

About RegenceRxThe mission of RegenceRx is to ensure that members have affordable coverage for prescription medications. The company is distinguished by its focus on clinical evidence to build its formulary, and its focus on lowest net costs has helped reduce the cost of prescription medications for RegenceRx and their members. RegenceRx currently provides PBM services for more than 1.2 million members of Regence Health Plans. In addition, over 7.7 million members from other Blue Cross and Blue Shield and Medicaid plans trust RegenceRx to provide clinical and contracting support. RegenceRx, Inc. is part of the Cambia Health Solutions family of companies.

About the Upper Peninsula Health PlanBased in Marquette, Michigan, the Upper Peninsula Health Plan (UPHP) provides benefits to more than 30,000 Medicaid and MIChild members. With a network of more than 900 providers, UPHP also serves as the hub for all commercial managed-care and preferred provider organization (PPO) activity in the Upper Peninsula. UPHP ranks among the top 25 Medicaid managed-care plans in the United States, according to the National Committee for Quality Assurance Medicaid Health Insurance Plan Rankings 2012–2013.

SOURCE RegenceRx

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs