Health Information Tech

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.)

1. What is the name of the drug you picked?
2. 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.)

• https://www.accessdata.fda.gov/scripts/cder/daf/Links to an external site.

1. Using an internet search, determine, what is the average cost of your drug.  You can provide this as a monthly or yearly figure.
2. 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).

• http://www.bcbsfl.com/DocumentLibrary/Providers/Content/MedGuide.pdfLinks to an external site.

1. 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).