With third party prescriptions comprising up to 80% of a pharmacy's
prescription business1, an up-to-date third party edits file is
vital to a chain's bottom line. For this reason, chain pharmacies
need NHIN Third Party Services. NHIN Third Party Services provides
a variety of useful data that enhance a chain's ability to confidently
accept third party insurance for the prescriptions it fills. Currently,
NHIN supports 68 insurance carriers, representing approximately
11,000 plans. NHIN adds new carriers as requested by customers,
offers Enhanced State Medicaid files, and supports Canadian provincial
formularies and pricing.
Paramount among the services NHIN Third Party provides is its Third
Party Edits file. By implementing this file chain-wide, pharmacies
can confidently fill, submit, and expect reimbursement for third
party prescriptions checked against the very latest edits available
in the industry. NHIN's third party edits file contains intricate
pre-edit functionality that allows pharmacies to safeguard against
errors, while saving time and money and ensuring maximum reimbursement
from third parties.
Pre-editing and verification of online carriers reduce transmission
and labor costs, an especially valuable feature when a carrier is
experiencing downtime. Edits are set up by using therapeutic restrictions,
which allow NHIN to define restrictions for a range of drugs without
creating a separate drug third party record for each NDC.
Each week, NHIN downloads the most current third party edits data
to subscribers. These downloads contain all adds, updates, and deletions
made over the previous seven days. A comprehensive file is also
available on a weekly basis. NHIN Third Party Services also offers
carrier code conversions for new customers and provides new carrier
codes on request.