Independence Blue Cross (IBX) and Independence Administrators will update the Premium Formulary drug program effective July 1, 2026.
The Premium Formulary, available to self-funded customers, includes drugs across all therapeutic categories selected for clinical effectiveness, safety, and savings. It is managed by an independent pharmacy benefit manager (PBM) and reviewed twice a year to add new drugs and remove brand-name drugs when generics become available.
Key updates to the Premium Formulary
- Animal-derived thyroid medications (i.e., NP Thyroid®, Armour® Thyroid): Animal-derived thyroid medications will be excluded due to the Food and Drug Administration (FDA) concerns about inconsistent dosing and potential impurities. The FDA is encouraging a transition to approved synthetic treatments for hypothyroidism. Preferred formulary alternatives include levothyroxine and liothyronine, which are covered on the generic tier.
- Hormonal agent, Premarin® (conjugated estrogens): Premarin will move to an Excluded status, with generic conjugated estrogen tablets being the preferred formulary alternative; they are available on the generic tier.
- Revlimid® (lenalidomide): Brand Revlimid remains Tier 2 and generic lenalidomide remains Tier 1. Effective July 1, a brand dispensed as written (DAW) penalty will apply for clients that have elected it, as generic supply has stabilized. Members using brand Revlimid will be notified that their cost-share may increase if they do not switch to the generic.
- Dermatological Agents, Twyneo® (tretinoin/benzoyl peroxide) cream: Twyneo will move to an Excluded status, with the preferred formulary alternatives being Epiduo® Forte, Onexton®, and Retin-A Micro® gel 0.06%, 0.08%.
- Dermatological Agents, Sodium Sulfacetamide/Sulfur liquid 10-5%: Sodium Sulfacetamide/Sulfur liquid will move to an Excluded status, with the preferred formulary alternatives being any preferred acne medication.
Key updates to Utilization Management
Utilization Management updates include step therapy protocol for topical immunomodulators as well as new quantity limits for ivermectin.
- Topical Immunomodulators, Zoryve® (roflumilast) foam 0.3%: The Step Therapy protocol will now require trial through at least one topical steroid cream or any of the following: Pramoxine-HC, calcipotriene-betamethasone, tacrolimus, pimecrolimus, calcipotrine, calcitrol, tazarotene, clotrimazole, econazole, ketoconazole, luliconazole, miconazole, oxiconazole, sertaconazole, sulconazole, or selenium sulfide.
- New quantity limits will go into effect for ivermectin 6mg to better define coverage for an amount sufficient for treatment, as defined in product labeling.
For more information on the Premium Formulary, visit the Independence Blue Cross website. 26-0124