Automakers test drive e-prescribing
Employee Benefit News, March, 2005 by Tom Anderson
The top three Detroit automakers are revving up electronic prescribing technology to put the brakes on their drug cost trends.
General Motors Corp., Ford Motor Co. and DaimlerChrysler AG have teamed up with pharmacy benefit manager Medco Health Solutions Inc. to encourage doctors to swap their pads for PDAs and e-prescribing software. The program - which started in January - hopes to target as many as 17,000 physicians in Michigan, making it the largest employer-sponsored e-prescribing initiative yet attempted.
The three automakers spent about $9 billion on health care benefits in 2003. GM officials say prescription drug costs rose 15% last year. The company is the largest private provider of health care in the United States and spent $5.3 billion on health benefits...
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