Becker's Healthcare September 30, 2024
GLP-1’s are the No. 1 question on employers’ minds when it comes to healthcare benefits, Kasey Raetz, PharmD, told Becker’s. Cigna’s EncircleRx program provides some answers.
Dr. Raetz is vice president of product, pharma contracting and strategy at Evernorth, the Cigna Group’s health services business.
Cigna launched EncircleRx, a program to help employers control the cost of GLP-1 drugs for weight loss, in March. The program now covers over 5 million people, Dr. Raetz told Becker’s.
When the program launched, Cigna described it as the first GLP-1 management program with a financial guarantee for health plans. The program caps yearly cost increases for plan sponsors at 15%.
EncircleRx controls costs through a combination of prior authorizations...