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Rewarding for you and us Defeat Diabetes Foundation Defeat Diabetes
Foundation 150 153rd Ave, Suite 300 Madeira Beach, FL 33708 |
GlaxoSmithKline, American Pharmacists Association Foundation To Launch Program To Reduce Employer Costs for Diabetes for Ten CitiesPosted: Friday, November 04, 2005Your city could be one of the 10 that will be picked.
GlaxoSmithKline and the American Pharmacists Association Foundation in January 2006 will launch a nationwide project that seeks to improve the health of diabetic patients and reduce employers' health care costs. The project seeks to enroll employers in 10 cities around the U.S. All diabetes prescription medications will be included in the program. Patients would be matched with specially trained pharmacists to learn how to manage their diabetes more effectively. A spokesperson for the initiative said that employers would pay between $350 and $450 per patient for coaching by the pharmacists in the first year but added that such costs would decrease over time. According to the spokesperson, employer spending on drugs could double in the first year, as employees with diabetes improve their compliance with treatment regimens. However, participating employers in the North Carolina initiative reportedly saved about $900 per patient with diabetes in the first year of the initiative. In addition, employees would save $400 to $600 annually on copays. GSK, which is funding the project, hopes to reduce overall employer health care costs and "show the value of pharmaceuticals and careful attention to patient care," the Journal reports (Hensley, Wall Street Journal, 10/25).
Source: Diabetes In Control. |
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