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Employee Benefits

Blue Shield of California partners with Amazon, Cost Plus Drug

May 22, 2024 Reprints

Blue Shield of California has revamped its prescription drug purchasing strategy, partnering with Amazon Pharmacy and Mark Cuban Cost Plus Drug Company to cut costs for its 4.8 million members, Fortune reports. CEO Paul Markovich announced that this initiative aims to save $500 million annually and reduce patient expenses. The move addresses longstanding issues with pharmacy benefit managers, which have been criticized for maintaining high drug prices.

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Blue Shield of California partners with Amazon, Cost Plus Drug

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