Thanks to user-friendly member tools, for the first time, individuals now have their prescription and coverage information in the palms of their hands. These resources – like mobile apps and member portals – have become a critical piece of helping individuals reach and maintain medication adherence. They also represent an early step in making healthcare […]
Design Articles
Putting power in the hands of consumers
February 27th, 2024 by GabrielleBiosimilars are being approved – when should they be on your formulary?
February 21st, 2024 by GabrielleRecent approvals of biosimilars are a critical step toward making biologic therapies – which provide life-saving treatments to patients with chronic conditions – more accessible and affordable for members. As of October 2023, 44 biosimilars have received approval by the US Food and Drug Administration (FDA). Recent biosimilar launches, including for the highest utilized specialty […]
Abarca named in Computerworld 2024 list of Best Places to Work in IT
November 28th, 2023 by GabrielleSAN JUAN, Puerto Rico – Abarca, a pharmacy benefit manager (PBM) transforming the industry with a new approach to technology and business practices, announced that Foundry’s Computerworld has named it one of the 2024 Best Places to Work in IT. “Abarca has built, grown, and evolved our organization upon our advanced technology and powerfully positive […]
Abarca selected as PBM for Vital — an ASES Medicaid program in Puerto Rico
October 20th, 2022 by GabrielleAventura, FL — Abarca, a pharmacy benefit manager (PBM) transforming the industry with a new approach to technology and business practices, is now serving as the PBM for Vital, a Medicaid program managed by the Puerto Rico Health Insurance Administration (ASES). After being selected through an open, competitive RFP process in January of this year, […]
Abarca’s financial model Assura receives PBMI Excellence Award for Cost Containment Strategies
September 15th, 2022 by GabrielleAventura, FL — Abarca, a pharmacy benefit manager (PBM) that is transforming the industry with a new approach to drug trend management and business practices, has been awarded the 2022 PBMI Excellence Award for Assura, the company’s innovative financial solution, from the Pharmacy Benefit Management Institute. “Assura gives health plans the ability to manage and […]
What you need to know: New CMS Basal Insulin measure
August 23rd, 2022 by GabrielleDiabetes affects more than 37 million U.S. adults and is the seventh leading cause of death in the country. Of that group, approximately 7.4 million rely on insulin to manage their condition. To help address this, the Centers for Medicare and Medicaid Services (CMS) released a new display measure in April, called Persistence to Basal […]
Listen to Jason Borschow’s interview on the PCMA podcast
July 14th, 2022 by GabrielleJason Borschow, Abarca’s president and CEO, was invited to be a guest on a recent episode of “The Pharmacy Benefit” a podcast from PCMA. The episode, “Competition in the PBM Marketplace,” featured a lively conversation between Jason, fellow guest Mike Ellis, CEO of Maxor, and host JC Scott, president, and CEO of PCMA. Among other […]
Talking technology with Abarca CIO Serge Perras
May 13th, 2022 by GabrielleAbarca’s modern, fully-integrated technology platform, Darwin, powers everything the company does–from advanced clinical services to financial management to mobile apps for members. Serge Perras recently joined the company as CIO and is focused on enhancing Darwin to deliver new services and insights and improve healthcare for our clients. Get to know Abarca’s CIO: What is […]
Abarca presented on the results of it’s home delivery pharmacy program, Triple-S en Casa, at AMCP 2022
May 4th, 2022 by GabrielleAt AMCP 2022, Abarca was selected to present a poster detailing the results of the first two years of its home delivery program—Triple S en Casa—that was launched for a commercial health plan client in Puerto Rico. Hector Zeno, Product Owner in Clinical Products & Services, was onsite in Chicago to answer questions and discuss […]
Independent methodology review affirms Abarca’s net cost pricing solution—Assura—is transparent & predictable
April 20th, 2022 by GabrielleAVENTURA, FL — Abarca, a pharmacy benefit manager (PBM) that is disrupting the industry with a new approach to technology and business practices, has released the findings of an independent report about their drug cost guarantee solution, Assura. The review, conducted by the respected global healthcare consulting firm Milliman, found Abarca’s approach to be actuarially appropriate. […]