For this assignment discussion board, you will be selecting a specialty drug to research and share with the class. After selecting a specialty drug, answer the following questions. Remember, specialty drugs are high-cost drugs (more than $1,000/month) that treat rare chronic diseases. (Please make sure to include question numbers in your answer.)
- What is the name of the drug you picked?
- For what condition or disease was the drug originally approved by the FDA? (Visit the website below, search for your selected drug, and look at the label.)
- Using an internet search, determine, what is the average cost of your drug. You can provide this as a monthly or yearly figure.
- Look at the Blue Cross Blue Shield July 2024 Drug Formulary at the website below and see if the plan covers the drug you selected (yes or no).
- Using the Blue Cross Blue Shield formulary above, determine if the drug you selected requires prior authorization (yes, no, or N/A if the plan doesn’t cover your drug).