RxBenefits™

Advantages of Focused Pharmacy Carve-Out

The ability of employers to provide healthcare benefits, especially prescription benefits, is under unprecedented strain. Prescription drug costs are the fastest growing segment of national health expenditures, rising at a rate faster than hospital care and physician services combined. Employers continue to shift more and more of the financial burden for healthcare benefits and prescriptions to their employees. “New and improved” programs are being introduced daily, including disease management, financial and educational advice and “consumer-driven plans” in the form of HRAs and HSAs with HDHP options. So far none of these options seem to be working, leaving many to wonder:

• Why are these alternative approaches not performing up to hype?
  
• Is it even possible for cost trends to be reversed?

Organizations that have carved-out pharmacy management directly to a Pharmacy Benefit Manager (PBM) to try and get ahead of costs often find themselves “lost in the shuffle” with a multitude of other PBM clients, experiencing little in the way of innovative programs and personalized service. Employers must adopt more proactive and progressive approaches to managing the pharmacy trend to remain profitable, productive and competitive.

RxBenefits™ is Prescription Benefits’s focused carve-out solution that delivers a significantly higher return and more dramatic results than PBM-direct arrangements and other market alternatives. RxBenefits offers business organizations proven programs and innovative tools that allow them to maintain a robust pharmacy benefit well into the future, reversing the pharmacy trend and keeping it down.