To better meet the needs and best practices of New Jersey physicians, Horiz
on Blue Cross Blue Shield of New Jersey engaged private practice physicians
from their own health plan to develop a formulary. The resultant formulary
is administered by their PBM, which also developed and continues to manage
a national formulary that is used by plan members who have a traditional t
wo-tier pharmacy benefit. Among the issues discussed in this interview are
the rationale for this initially all physician-driven P & T Committee, chal
lenges faced during and following formulary development, criteria used in t
heir formulary decisionmaking process, subcommittee types and responsibilit
ies, formulary management strategies, first-year P & T Committee accomplish
ments, and agenda items for the remainder of 1999.