Summit Reinsurance Services, Inc. today announced a strategic collaboration with AscellaHealth, a pharmacy benefit manager offering innovative specialty drug programs developed as specialized solutions to the biggest drivers of pharmacy claims. Through this collaboration, Summit Re clients will have access to a high‐touch service model offering competitive pricing, improved access to limited distribution drugs, clinical programs for complex conditions, and copay assistance programs. AscellaHealth’s specialty drug programs are available on a standalone basis or as part of a full‐service PBM option.
Specialty pharmaceuticals represent the fastest growing segment of the pharmaceutical industry, dominating new drug development. They have captured the attention of payers, providers, and consumers seeking effective treatment options to address the complex health challenges associated with chronic or rare diseases. To address the rising cost of such specialty drugs, Summit Re has developed a specialty pharmacy program called ReAssureRx, which includes cost‐effective sourcing and therapies, prior authorization services, specialty drug carveout, high‐cost pharmacy negotiation, and pharmacy claims review.
“We look forward to the knowledge, experience, and price negotiation strength that AscellaHealth brings to our ReAssureRx program as we continue to work with clients to anticipate new therapies coming down the pipeline,” says Debbie Hoffer, Vice President, Managed Care at Summit Re. “With thousands of new drugs and therapies currently in clinical trials, it is critical to align with a company like AscellaHealth that has the clinical programs and cost‐effective contracts to access specialty drugs.”
Dea Belazi, President and CEO of AscellaHealth adds, “Our collaboration with Summit Re is a natural fit. We are similarly aligned around maximizing patient outcomes while providing cost‐effective pharmaceutical interventions. Our ability to customize programs while delivering benchmark service levels offers Summit Re clients a best‐in‐class specialty pharmaceutical option that fits their needs.”
About Summit Re
Summit Reinsurance Services, Inc. is a managing general underwriter and reinsurance advisor, working with health insurers, managed care plans, and self‐funded employers throughout the US. Summit Re helps its clients analyze, manage, and transfer risk to protect their financial stability. As a consultant and advisor, the company works with clients to formulate and implement new products and strategies. Further information is available at www.summit‐re.com.
About AscellaHealth
AscellaHealth, LLC, a national PBM serving commercial, Medicare and Medicaid segments, offers high quality prescription drug management services along with other customizable services, such as carved‐out specialty pharmacy services and cost‐savings discount programs through its unique and proprietary service that extends discounts on prescription medications to customers more than any other PBM in the industry. To learn more about AscellaHealth, please visit www.ascellahealth.com.
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