| PHARMACY BENEFITS |
Aggressive Rx management can significantly save your organization money lowering your total employee benefit plan costs. How well are you currently managing your pharmacy benefit plan? Based on your corporate strategy, we will help you make the right pharmacy choices for your business, bringing accountability to health care. |
We will work with you to ensure your plan is well designed. From the number of formulary tiers, to co-pays versus coinsurance for generics versus brands, to mail order versus retail, new technologies with injectables and biotechs, to drug reimportation decisions, these are just a few of the factors that need to be considered when designing a well constructed pharmacy benefit plan. Don't worry, that's why we are here. In addition to crafting a proactive pharmacy benefit plan design, we will provide you with options and tools to enhance your plan savings including: disclosure statements, benchmarking data, generic program alternatives, OTC programs, tablet splitting programs, dose optimization, therapeutic interchange, and prior authorizations. We'll help with the analysis of your pharmacy claims data to determine if there are chronic conditions that |
need management. Your employees will receive Explanation of Benefit Statements outlining full drug pricing, their contribution, and generic drug alternatives to help them make smart choices about the prescriptions they fill. We are here to help you get your plan in shape. We partner with an industry expert, Pharmaceutical Technologies, Inc. (NPS), to manage your pharmacy benefit program. Our results are outstanding when comparing the effective discount rate over Average Wholesale Price (AWP) and the average savings off AWP per generic prescription. In addition,our generic utilization and generic substitution rates are well above benchmark. These results demonstrate our success and commitment to bringing accountability to health care. |