Did you know that specialty and high-priced prescription drugs now make up more than 60% of self-funded employer’s prescription health coverage cost? And these costs are expected to rise in the coming years. According to the 2018 PBMI, 61% of employers state that managing prescription drug costs in their primary focus for benefit cost management. And 85% of employers indicated they are still using traditional benefit plan designs for specialty drug management.
If only there was a better way.
What if you could save $250,000 for every 1,000 employees per year? Where would you redirect those funds?
Together with Benefit Advisors Group, the Specialty Rx Savings program is supported by the County Executives of America. Our program comes alongside your relationship with your existing PBM to help you reduce costs. In many cases, the savings from this program can be upwards of 50% on specific treatments and drugs.
With our program in place, your employees can forget expensive co-pays. Instead of worrying over whether they can afford to fill a needed prescription, your employees can get the treatments they need – leaving them to focus on doing the job they love to do.