As employers and patients struggle with rising prescription drug costs and limited pricing transparency, several solutions have emerged to help lower expenses. One approach is the cost-plus model, where a drug’s price is based on its production cost plus a fixed markup.
And Navitus Health Solutions , an alternative pharmacy benefit manager, is the latest to jump on the cost-plus train. The company announced last week that it is launching a cost-plus pricing model through Costco Pharmacy. It will become available for clients starting in January for prescriptions filled at retail and mail order locations.
Through this model with Costco, drug costs will be based on what Costco pays to acquire a drug, in addition to a fixed markup and fee for pharmacy services the company offers. This ap