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Applies to ASO groups
As you’re aware, we’re supporting the federal government’s over-the-counter (OTC) COVID-19 test coverage requirement for employers that have Prime Therapeutics® coverage through Blue Cross and Blue Shield of New Mexico (BCBSNM).
What this means to you: We will bill our self-insured customers who have carved-in pharmacy benefits through Prime an administrative fee of $2.50 per OTC test claim.
Why are we billing customers a per-claim fee? The federal government’s OTC testing mandate was not accounted for in our forecast modeling. This is the expected cost to administer the program. BCBSNM has and will continue to put a significant amount of unanticipated work into operationalizing this mandate.
How will this fee be billed? The fee will be reflected on a separate line on the billing statement called “COVID OTC CHARGE.” Please note that the line-item fee name is subject to change. The invoice for the claims will appear on the second month following the paid claims. As an example, ASO groups would see February’s paid claims on their April billing statement.
If you have questions, please contact your BCBSNM representative.
This information applies to members and groups with prescription drug benefits administered through Blue Cross and Blue Shield of New Mexico (BCBSNM).
BCBSNM contracts with Prime Therapeutics to provide pharmacy benefit management and related other services. In addition, contracting pharmacies are contracted through Prime Therapeutics. The relationship between BCBSNM and contracting pharmacies is that of independent contractors. BCBSNM, as well as several independent Blue Cross and Blue Shield Plans, has an ownership interest in Prime Therapeutics.