In their first year with MedBen Rx, a regional health system lowered costs by $4.6 million through pharmacy savings and added revenue. This includes a 30% reduction in employee pharmacy plan spend.
The health system had previously entered into three-year agreement with a national pharmacy benefits manager to better manage their employee pharmacy benefit costs. Instead of lowering the spend, their costs increased by an average of 17.4% per member per year over the term of that agreement.
The health system engaged MedBen Rx to help them meet a variety of goals, such as lowering employee benefit pharmacy costs and ensuring better drug treatment results for health system employees.
Read the results of our pharmacy solutions at MedBenRx.com. If you’d like additional information about how MedBen Rx solutions can save your business money as well, contact us at 888-627-8683.