HealthcareKaiser Permanente, Cigna ink network, pharmacy services agreement

Kaiser Permanente, Cigna ink network, pharmacy services agreement

Kaiser Permanente has negotiated its first partnership to use a rival insurer’s commercial network, beginning in August.

Under the five-year agreement announced Tuesday, Kaiser‘s more than 9 million members seeking emergency care while traveling outside the eight states served by the Oakland, California-based system can visit providers contracted with Cigna. Kaiser members will be responsible for the standard cost-sharing associated with their plan rather than paying out-of-network benefits.

When Kaiser patients visit Cigna providers, their bills will be routed through Cigna’s Evernorth healthcare services division, a spokesperson said. The deal is intended to lower patient costs, streamline administrative services and increase healthcare access.

A Kaiser spokesperson declined to disclose terms of the deal. The agreement does not apply to Kaiser’s Medicare and Medicaid enrollees.

It isn’t the first time Cigna has made its PPO available to rivals. In 2020, Cigna partnered with insurtech Oscar Health to launch a jointly branded plan for small employers in California. The Cigna+Oscar plan relies on Cigna’s provider network and competes with Kaiser.

As part of the Kaiser agreement, Cigna’s Accredo specialty pharmacy service will become its preferred pharmacy for certain, limited distribution drugs, such as Cayston, Kalydeco and Symdeko, all of which are used to treat cystic fibrosis, the spokesperson said. Specialty product distributor CuraScript SD will be Kaiser’s preferred supplier for other specialty products.

Both Accredo and CuraScript SD are operated under Cigna’s Evernorth arm.

Original Source Link

Latest News

Brazil's far-right introduces bill that equates abortion after 22 weeks to murder

Protests have broken out across Brazil after lawmakers attempted to fast track legislation that would equate abortion after...

I dropped out of a group trip—do I still have to pay for the hotel?

Historically, I'm not a fan of group trips. Someone always ends up inexplicably crying or taking personal offense...

Bitcoin whale watching is 'useless' for information — Traders

Bitcoin whale watching is “good for social media” but not for valuable analysis, according to traders. Original Source...

Pakistan rice exports hit record following Indian sales ban

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly...

DefiLlama: crypto startup funding has crossed $100B since 2014; The Block Research: Coinbase Ventures has made 443 investments or ~4% of all deals since...

Bloomberg: DefiLlama: crypto startup funding has crossed $100B since 2014; The Block Research: Coinbase Ventures has made 443...

Must Read

Is Fort Worth, TX a Good Place to Live?

In North Texas, Fort Worth presents itself as...

Real estate bargain-hunters are grabbing discounted offices for up to 70%

It’s no secret that commercial real estate has...
- Advertisement -

You might also likeRELATED
Recommended to you