Specialty Rx Solutions:
Cost Management
96%
Total reduction in NET medication costs
$17K+
$17,300 in per month savings for the plan & member
$700
Reduced total medication cost to $700 per month
The Situation
INDUSTRIAL CONTRACTOR
134 EMPLOYEES
One of our brokers had an industrial client who saw their pharmacy spend climbing year over year. The incumbent PBM program restricted the client’s ability to access real-time prescription drug information.
This often resulted in months of high-cost medications filled without the plan manager’s knowledge. When limited data was provided about high-cost claims, the incumbent PBM failed to offer solutions to resolve escalating pharmacy claims costs.
Due to the lack of transparency and cost-containment solutions with their incumbent PBM, the company made the switch to Crumdale Specialty’s pharmacy benefit management program.
Goals
CLIENT:
Obtain a clinically integrated PBM solution that identifies the necessary opportunities while promoting a cost-effective pharmacy program.
BROKER:
Obtain transparency and cost containment for the client through Crumdale’s specialty Rx sourcing solutions and claims process.
The Results
The group saw a 96% reduction in NET medication costs, offering $17,300 in monthly savi