Novus Acquisition & Development Ord Shs (OTCMKTS: NDEV), through its subsidiary company WCIG Insurance Services LLC, joined hands with PRAM for Cannabis benefits package marketing across the United States. WCIG is a health insurance organization and is the first entity to offer the first Cannabis health plans to medicinal and recreational users.
PRAM is a California Pharmacy Consultant and Underwriting organization. As the US is approaching federal legalization, with the partnership, both the companies will play a significant role in including cannabis in United States health plans.
PRAM has over 32 years of experience in drug benefits consulting and managing underwriter companies also gives pharmacy cost containment in the market. Novus is very proud to partner with such a potential company. They will concentrate on:
The client organizations of PRAM are focusing on combining the pharmacy benefits program of PRAM with the ancillary and medical products, including consultants, distributors, agencies, brokers, and insurance providers all over America. The Novus Cannabis is offered by Copays, Tailoring formularies, deductibles, drug inclusion or exclusion, and specific drug. In addition, PRAM will customize this cannabis to provide a better experience for the members.
Insurance Providers and PBMs
To help the clients to manage the pharmacy risk, PRAM is planning to coordinate the insurance providers with PBMs (Pharmacy Benefits Managers) for cost-efficient pharmacy programs. PRAM’s primary focus is creating, managing, and marketing drug insurance programs. These plans are blended with short-term medical, GAP, and limited medical plans. The topmost advantages of these plans are, they’ve got the guarantee and up for marketing. PRAM also has cost-efficient customized products to offer the pharmacies to create a healthy population.
With PRAM’s partnership, Novus will play a vital role in the future of following things:
- Medical cannabis will become the most prescribed drug reducing opiate prescriptions.
- Employees legally using cannabis under the compassionate use of cannabis of the Medical Marijuana Act will not be dismissed.
- Cannabis providers will be drastically increased, and the retailers may sell it in smoking or edible forms.
There has never been a critical time like this to legalize cannabis. By ending the barring of cannabis, medical users will support the act by choosing cannabis as a part of their health insurance programs.
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