Trusted Health Plan Selects Abarca to Manage Pharmacy Benefits

New partnership will leverage advanced technology, bold thinking, and a highly customized approach for D.C. Medicaid members

News provided by

Abarca

Apr 03, 2019, 09:05 ET

WASHINGTON, April 3, 2019 /PRNewswire/ -- Trusted Health Plan (THP), a Medicaid managed healthcare organization serving members in Washington, D.C., today announced it has entered into a new, multi-year partnership with Abarca to provide pharmacy benefit management (PBM) solutions driven by Abarca's advanced, fully integrated technology platform, Darwin.

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"At a time of industry consolidation and corporate takeovers, when PBMs are getting bigger and less flexible, we wanted to work with one that was focused on the needs of our plan and the D.C. Medicaid community," said Thomas Duncan, THP's Chief Executive Officer. "We were looking for a true partner – not a vendor – that would offer a higher level of innovation and customization than anyone else, and that is what we found in Abarca."

Abarca's technology platform, Darwin, is cloud-based, mobile ready, and integrates claims processing, pharmacy network, prior authorizations, clinical programs, Medicaid compliance, and other critical work streams into a single, fast, seamless interface. Abarca's member portal will provide THP members with access to their benefits, claims history, and other information on a platform that is as easy to navigate as any popular online consumer site.

"Although we deliver the industry's most advanced technology and clinical services, for us, it is all about the people," said Jason Borschow, Abarca's Chief Executive Officer. "Relationships between plans, members, and PBMs need to be based on trust, transparency, and delivering on promises. We are excited to work with THP because we view the world the same way."

About Trusted Health Plan
Trusted Health Plan is the premier Managed Healthcare Organization in Washington, D.C. THP is charged with managing care for Medicaid and Alliance members. It also offers THP health care providers online access via portals to monitor claims, verify eligibility, become a THP provider, and check THP's Medicaid or Alliance Formulary and THP member pharmacies. We look, live, and are the District of Columbia. Learn more at trustedhp.com.

About Abarca
Abarca is igniting a revolution in healthcare. It started by redefining pharmacy benefits, but this is just the beginning. It is built on the belief that there is a better way for people and companies to work together, connect with each other and make healthcare awesome for everyone. With smarter technology and a straightforward approach to business, Abarca provides a much better experience and greater value for payers and consumers. For nearly a decade, they have challenged many industry conventions and trampled on a few. So, call them a PBM for discussion purposes, but they are unlike any other company out there. Join the revolution at abarcahealth.com.

SOURCE Abarca