BellwetherPlus.com

Title

Bellwether Specialty Management

Description

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Bellwether Specialty Management Inc., is a niche consulting business focused on reducing costs incurred by insurers and union benefit plans in providing certain specialty pharmacy products, covered under the medical component of health coverage. Specialty pharmaceuticals are generally expensive, injectible therapies used primarily for individuals of all ages who have various chronic illnesses, such as certain forms of cancer, arthritis, anemia, and so forth. These pharmaceuticals are typically administered by or under the supervision of a physician in physician offices, hospitals, and clinics. Some others can be administered at home by nurses or other trained home health care personnel through home I.V. infusion therapy programs. Standard regimens for some specialty drugs can range in cost from $18,000 to a staggering $200,000 per patient per year. Though expensive, these drugs typically represent major advances in the treatment of their associated illnesses. Moreover, not only do they result in significant improvement in outcomes and quality of life for those afflicted with the condition, they also frequently reduce or eliminate the need for costly hospitalizations.

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