News and Updates

Updated 8/17/24

Magellan Rx Rebrands to Prime Therapeutics

As of Oct. 1, 2024, Magellan Rx, the vendor that administers U-M’s Prescription Drug Plan, will be renamed Prime Therapeutics. 

There will be no changes to your current Magellan Rx card; this is a name change only. You do not need to notify your pharmacy of this change.  

Open Enrollment web pages, booklets and other resources will refer to Magellan Rx as “Magellan Rx/Prime Therapeutics” throughout Open Enrollment. In 2025, all plan materials will refer to Prime Therapeutics. 

Updated 7/2/2024

U-M Members Unaffected by BCBSM, BCN Change to Weight-Loss Drug Coverage

On June 6, 2024, Blue Cross Blue Shield of Michigan (BCBSM) and Blue Care Network (BCN) announced that, effective Jan. 1, 2025, they will no longer cover GLP-1 weight-loss drugs for their fully-insured members. This policy will not impact University of Michigan members' coverage of GLP-1 prescription drugs. As a self-funded and self-managed plan, U-M's Prescription Drug Plan will continue to cover GLP-1 medications for eligible members who meet established criteria. See the article below. 

Updated 4/20/24

Weight Loss Prescription Drug Coverage to Change May 1, 2024

Starting May 1, 2024, the U-M Prescription Drug Plan will cover a maximum lifetime benefit of two years (i.e., 24 one-month fills) for any combination of GLP-1 (weight loss) drugs when prescribed only for the diagnosis of weight loss. This change applies only to injectable doses and does not include the use of GLP-1s for diabetes or the oral (pill) form. 

The 24-month benefit applies to prescriptions filled on or after May 1, 2024.

View more information on the Lifetime Drug Limits webpage