Navitus Expands Banjo Health Implementation, Advancing Utilization Management Automation Across Its PBM Platform
Navitus, the nation’s first and largest transparent, pass-through pharmacy benefit manager (PBM), today announced the expanded implementation of Banjo Health. Banjo is an advanced automation platform with artificial intelligence (AI) capabilities designed to modernize and simplify prior authorization workflows that are central to pharmacy benefits management.
Navitus Achieves NCQA and URAC Reaccreditations, Demonstrating Continued Excellence in Pharmacy Benefit Management
Navitus, the nation’s first and largest transparent, full pass-through pharmacy benefit manager (PBM), announced today it has achieved a series of accreditations and certification from both the National Committee for Quality Assurance (NCQA) and URAC that reinforce the company’s long-standing commitment to quality health care and PBM services. The independent, third-party accreditations and certification recognize a standard of excellence that Navitus has delivered for more than two decades. These include NCQA accreditation of Utilization Management, NCQA Health Information Product-Pharmacy Benefit certification and URAC accreditation for Pharmacy Benefit Management.
Navitus MedicareRx (PDP) Remains Nation’s Highest-Rated PBM-Sponsored PDP EGWP for Tenth Consecutive Year
Navitus, the nation’s first and largest transparent, pass-through pharmacy benefit manager (PBM), announced today that its prescription drug plan Navitus MedicareRx (PDP) maintained a 4.5 out of 5 Part D Star Rating from the Centers for Medicare & Medicaid Services (CMS). This is the highest score in the nation among PBM-sponsored prescription drug plans and marks the tenth consecutive year leading the category.
Navitus Partners with Corporate Wellbeing Platform, Grokker, to Expand Whole-Person Health Resources
Navitus, the nation’s first and largest transparent, pass-through pharmacy benefit manager (PBM), today announced a partnership with Grokker, an award-winning employee wellbeing engagement solution that empowers users to live healthier, more fulfilling lives. The Grokker offering expands a portfolio of digital health solutions available to Navitus clients and members in support of whole-person health.
Navitus Partners with Costco Pharmacy to Advance Drug Price Transparency
Navitus, the nation’s first and largest transparent, pass-through pharmacy benefit manager (PBM), announced today that cost-plus pricing will now be available through Costco Pharmacy for prescriptions filled at retail and mail order locations. It will be implemented as available for Navitus clients in all lines of business on January 1, 2026.
Eighth Annual Navitus Drug Trend Report Reveals How Plan Sponsors Save on Prescription Drugs Amid Rising Costs and Inflation
Navitus, an innovative pharmacy benefit manager (PBM), released its 2023 Drug Trend Report today. The eighth annual report shows a year-over-year trend of 6.8% within the commercial book of business. 29% of Navitus commercial clients paid less for prescription drugs in 2023 than they did the previous year - even with inflation and the growing use of expensive new medications like GLP-1s.
