Employers: You Have Options with Your Pharmacy Benefits!

Prescription drug spending growth is at historically high levels, which makes it tough to contain costs and maintain or improve quality of care for employees. Since pharmacy benefits are the most used benefit - 3 times more than your medical plan - it is logical that a clear understanding and focus on your prescription drug benefit is critical. For employers, there are several ways that you can ensure that you're getting the most bang for your buck with your prescription drug spending.

Educate Your Employees
With double digit inflation on brand and biologic drugs, with more in the pipeline, every prescription drug plan deserves a keen focus on what drugs are being used, with programs and recommendations on alternative clinically equivalent medications.  For instance, an oral medication commonly used to treat Type II diabetes can cost well over $1,000 a month – yet, there is a generic available for around $5 a month with the same common chemical. For this exact reason, it is critical for every employer’s prescription drug plan to include clinical oversight and targeted programs to identify these and other types of savings, and to educate their employees of their right to request a generic alternative.

Provide Your Employees with Tools to Save
There are many discount pharmacy programs out there that could help your employees save on prescription drug costs, and in turn allow you as an employer to spend less on the cost of the health care plans you offer. Synergy Pharmacy Benefit Consultants offers a FREE prescription drug card that anyone can download. This Prescription Savings card can save you and your employees an average of 30% on the cost of medications. It's accepted at more than 68,000 participating pharmacies nationwide to save on medication for your entire family - even the family pet! All prescription drugs are eligible for savings and the card is available at absolutely no cost to you.

With insurance, it ensures that users are getting the best price possible, whether through your insurance copay or by using the discount card. Without insurance, the discount card on average saves you $750 annually. You can search nearby pharmacies to find the best prices, plus get access to available Patient Assistance Programs.

Hire a Consultant to Manage Your Benefits Program

PBMs have two main objectives: to reduce pharmacy drug spending within prescription benefits plans and to help patients achieve better health outcomes through greater access to appropriate medications. To do this, PBMs work with drug manufacturers, wholesalers, pharmacies, and plan sponsors. 

As your prescription solutions expert, we strive to deliver state-of-the-art auditing technology to provide immediate feedback on PBM performance, including contract compliance and opportunity analysis for cost management. With aggressive group purchasing contract pricing in place with multiple PBMs, Synergy ensures the best possible outcomes through high-cost management and contract audits. We are uniquely positioned to manage the entire spectrum of PBM services – from selection to annual audits – to ensure employers receive benefit options and services typically reserved for exclusive entities.

So employers, if your high prescription drug costs are making your blood pressure rise, perhaps it's time to call us. We provide customized prescription solutions for self-funded employers through our coalition contracts with major national pharmacy benefit managers and prescription assistance cards. We put medicine within reach, keeping dollars in employers’ and patients’ pockets.  Let us provide a FREE no-obligation claims analysis to see if we can help lower your prescription drug costs!

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Affordable Best-in-Class 

Pharmacy Benefit Management Solutions

Synergy Pharmacy Benefit Consultants, LLC
2111 Bagnell Dam Blvd #37
Lake Ozark, MO 65049


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