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  2. Prior authorization - Wikipedia

    en.wikipedia.org/wiki/Prior_authorization

    Prior authorization is a check run by some insurance companies or third-party payers in the United States before they will agree to cover certain prescribed medications or medical procedures. [1] There are a number of reasons that insurance providers require prior authorization, including age, medical necessity, the availability of a generic ...

  3. Step therapy - Wikipedia

    en.wikipedia.org/wiki/Step_therapy

    Step therapy, also called step protocol or a fail first requirement, is a managed care approach to prescription. It is a type of prior authorization requirement that is intended to control the costs and risks posed by prescription drugs. The practice begins medication for a medical condition with the most cost-effective drug therapy and ...

  4. The pros and cons of Medicare Advantage: Should you ... - AOL

    www.aol.com/finance/medicare-advantage-pros-cons...

    Prior authorization is not needed for most services and supplies, including medications and dental, hearing and eye services ... Medicare Advantage and Medicare Prescription Drug Programs to ...

  5. Utilization management - Wikipedia

    en.wikipedia.org/wiki/Utilization_management

    Utilization management. Utilization management (UM) or utilization review is the use of managed care techniques such as prior authorization that allow payers, particularly health insurance companies, to manage the cost of health care benefits by assessing its appropriateness before it is provided using evidence-based criteria or guidelines.

  6. For the millions turning 65 this year, here’s what to know ...

    www.aol.com/finance/millions-turning-65-know...

    Kerry Hannon. July 28, 2024 at 6:30 AM. When Bill Saiff, 65, a management consultant in Washington, D.C., was nearing his milestone birthday in December, the anxiety over what he needed to do ...

  7. CoverMyMeds - Wikipedia

    en.wikipedia.org/wiki/CoverMyMeds

    covermymeds.com. CoverMyMeds is a healthcare software company that creates software to automate the prior authorization process used by some health insurance companies in the United States. The company was founded in 2008 and has offices in Ohio. Since early 2017, it has operated as a wholly owned subsidiary of McKesson Corporation.

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