As of 2018, nearly 60 million Americans are enrolled in Medicare. Most beneficiaries are 65 or older, and given their age and pre-existing conditions, members of this population face unique health challenges that must be carefully managed by their healthcare providers, as individual needs will vary for every person. A person’s age, diet, family health […]
Design Articles
The potential benefits of dietary supplements for Medicare patients
November 3rd, 2021 by Abarca NewsFirst Medical renews & expands their partnership with Abarca for pharmacy benefit services
October 16th, 2021 by Abarca NewsSan Juan, PR. — Abarca, a pharmacy benefit manager (PBM) that is revolutionizing the industry with a new approach to technology and business practices, today announced that First Medical Health Plan, a health plan in the commercial and Medicaid space, have once again renewed their relationship for PBM services for an additional three years. This time, with […]
Better Analytics & Clinical Programs.
October 15th, 2021 by Abarca NewsAbarca’s technology platform, Darwin™, provides the highest levels of business intelligence and visibility into costs and trends. Our medication therapy management, chronic disease, and other clinical programs provide members the care they need to stay adherent and healthy, while also controlling plan costs.
A “Client First” Approach.
October 15th, 2021 by Abarca NewsWe are driven to lower the cost of pharmacy for our clients without increasing the burden on their members. With our guaranteed price model, Abarca makes quarterly reconciliation payments and provides full reporting.
Total Predictability.
October 15th, 2021 by Abarca NewsBy implementing this new cost model, plans will be better positioned to budget their drug spend into the future with confidence. Abarca makes quarterly payments under the guarantee and provides full reconciliation and reporting.
A Straightforward & Understandable Financial Model.
October 14th, 2021 by Abarca NewsAbarca then goes to work and develops a new, straightforward, and understandable net cost model that protects the plan from the most common sources of cost increases, including drug mix, inflation, and other factors. This model excludes utilization changes resulting from shifts in the disease burden of the population.
How It Works: A Partnership.
October 13th, 2021 by Abarca NewsAbarca will utilize the plan’s claims history, eligibility, plan design, and utilization strategies to calculate a per script guarantee. Our pricing option continues to put the plan in control: the plan maintains the choice of plan design and utilization management rules.
Our Solution: Net Cost
Predictability.
October 12th, 2021 by Abarca News
Abarca named #3 Best Employer by Kincentric: We work for our Abarcans
October 5th, 2021 by Abarca NewsMaintaining an open environment that creates space for their employees to balance family and work life is among the key factors highlighted by Jason Borschow, President of Abarca, and Mercibel González, VP of Talent Strategy, as drivers of the company’s selection as one of the top ten Best Employers on the island for the second […]
Abarca earns top scores on Kincentric’s Global Employee Engagement Survey
October 4th, 2021 by Abarca NewsSAN JUAN, PR — Abarca, a pharmacy benefit manager (PBM) that is disrupting the industry with a new approach to technology and business practices, has earned top scores on a global employee engagement survey from Kincentric, an international HR and talent advisory firm. Based on these results, Abarca has also been named among the top […]