Prime Therapeutics Providing Full-Service Pharmacy Benefit Management Services to Blue Cross and Blue Shield of Oklahoma

ST. PAUL, Minn., May 12 /PRNewswire/ -- Prime Therapeutics (Prime) announced today that it has begun providing new services for its Blue Cross and Blue Shield of Oklahoma client. These new services mark the beginning of Blue Cross and Blue Shield of Oklahoma as a full-service client of Prime. On April 1, Prime began performing pharmacy claims processing and prescription drug mail-order services for Blue Cross and Blue Shield of Oklahoma.

"Prime welcomes the opportunity to provide complete pharmacy benefit management services to Blue Cross and Blue Shield of Oklahoma," says Tim Dickman, President and Chief Executive Officer, Prime Therapeutics. "The expansion of this partnership provides a great opportunity for Prime to further demonstrate our consultative approach to pharmacy benefit management and commitment to providing the highest quality of care for members."

Blue Cross and Blue Shield of Oklahoma, a division of the Health Care Service Corporation (HCSC), provides health benefits to more than 600,000 members. Prime also provides full-service pharmacy benefit management to the other HCSC divisions including: Blue Cross and Blue Shield of Illinois, Blue Cross and Blue Shield of Texas and Blue Cross and Blue Shield of New Mexico.

"Since 2003 Prime Therapeutics has worked with Blue Cross and Blue Shield of Oklahoma, the state's pharmacies health care provider community to effectively administer prescription drug benefits for our members," said Ron White, D.Ph., Director of Pharmacy Programs, Blue Cross and Blue Shield of Oklahoma. "We're pleased to have taken these next steps for Prime to become our complete pharmacy benefits manager."

Health Care Service Corporation is a Mutual Legal Reserve Company, an independent licensee of the Blue Cross and Blue Shield Association.

Prime Therapeutics is a pharmacy benefit management company dedicated to providing, innovative, clinically-based, cost-effective pharmacy solutions for clients and members. Providing pharmacy benefit services nationwide to approximately 14.6 million covered lives, its client base includes Blue Cross and Blue Shield Plans, employer and union groups, and third-party administrators. Headquartered in St. Paul, Minnesota, Prime Therapeutics is collectively owned by ten Blue Cross and Blue Shield Plans, subsidiaries or affiliates of those Plans. Learn more at http://www.primetherapeutics.com/.