Policymakers in Washington are proposing a change in the way that money flows between pharmaceutical manufacturers, pharmacy benefit managers, health plans, and even consumers. Although these new rules only apply to government programs — Medicare and Medicaid — they could apply to commercial health plans in the near future. You may have heard this change […]
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Abarca Health is breaking down the proposed safe harbor changes
April 17th, 2019 by Abarca NewsCEOs fighting cancer, one step at a time.
April 11th, 2019 by Abarca NewsSan Juan, PR – It is a well-known fact that the business sector is uniquely positioned to lead the fight against cancer, and Abarca jumps to the challenge in this cause. CEO’s Against Cancer is a highly influential group made up of executives from the world’s top institutions, committed to spreading cancer awareness and prevention […]
Together we can help power a Better Way for our communities
April 5th, 2019 by Abarca NewsSan Juan, PR – All of us Abarcans are hard-wired to believe that healthcare can be awesome. As we have found out during the evaluation and selection phase of the ten finalist organizations for the Better Care Community Program, we are not alone in this belief. When we launched the call for proposals for Better […]
Biosimilars and bad behavior
April 5th, 2019 by Abarca NewsSpecialty medications used to treat cancer, hepatitis, and other complicated diseases are among the greatest drivers of healthcare costs in the US. And while these medications represent a very small percentage of the total number of prescriptions written, they account for more than half of all dollars spent. By now, this is a well-known fact. […]
Trusted Health Plan (THP) selects Abarca Health to manage pharmacy benefits
April 3rd, 2019 by Abarca NewsWashington, DC — Trusted Health Plan (THP), a Medicaid managed healthcare organization serving members in Washington, D.C., today announced it has entered into a new, multi-year partnership with Abarca to provide pharmacy benefit management (PBM) solutions driven by Abarca’s advanced, fully integrated technology platform, Darwin. “At a time of industry consolidation and corporate takeovers, when […]
Delivering an Awesome Corporate Culture
March 20th, 2019 by Abarca NewsAt Abarca, we never settle for the status quo. That extends to every aspect of our business, including how we manage our team of nearly 300 Abarcans, and counting. In fact, we don’t even have a human resources department. Instead, we are bolstered by a Talent Strategy team that ensures our culture and values are […]
Abarca selected to present Disaster Preparation Program
March 14th, 2019 by Abarca NewsAbarca was selected to present at “Caribbean Strong: Building Resilience with Equity,” a summit that focused on lessons that businesses learned from two catastrophic hurricanes that hit the region in 2017. The presentation detailed Abarca’s disaster preparation and response plan that was put to the test in the wake of Hurricane Maria. This program was […]
Abarca leads session on PBM technology at PBMI National Conference
March 13th, 2019 by Abarca NewsPalm Springs, CA – Jason Borschow, Abarca’s CEO, was selected to lead the session “PBM Technology: Stuck in the past or changing the future” at the 2019 PBMI’s National Conference in Palm Springs, CA. The interactive presentation discussed the current state of PBM technology, the components necessary to create a truly modern platform, and what […]
Always Prepared
March 6th, 2019 by Abarca NewsTHE CHALLENGE The frequency and severity of natural disasters appears to be increasing. In 2017 alone, the U.S. experienced 16 separate billion-dollar disasters. These natural disasters can devastate communities and make prescription medications inaccessible to patients that rely on them. In September 2017, Hurricane Maria hit Puerto Rico and Abarca’s approach to disaster planning, response, […]
Abarca Health receives PBMI Excellence Award for Care Management Strategies
March 6th, 2019 by Abarca NewsPalm Springs, CA – Abarca, a pharmacy benefit manager (PBM) that is disrupting the industry with an entirely new approach to technology and business practices, today announced that it has received the 2019 Pharmacy Benefit Management Institute (PBMI) Excellence Award for Care Management Strategies for its disaster preparation and recovery program. This response plan, that […]