The skyrocketing cost of pharmaceuticals is fueling an intense need for employers to take greater control of their drug plan coverage. Buck Consultants can help you improve and reduce spending on drug programs while maintaining a comprehensive benefit for employees.
One option to consider is Flex Rx, a stand-alone pharmacy program that is unbundled from your medical insurance plan. Participants can choose from multiple pharmacy plan designs offering different levels of coverage, cost sharing, covered/excluded drugs and incentives. Each plan option also offers different levels of care management features.
We offer:
- Vendor management services including evaluations, reporting reviews, clinical program assessments, service and account management reviews, and audits
- Formulary and benefit coverage assessments
- Plan redesign, financial modeling, performance evaluations, change impact and member disruption analysis
- PBM contract evaluations, benchmarking, renewals, competitive marketing and negotiations
- Incorporation of consumerism into pharmacy plan design and creating customized communications and educational materials for more effective prescription drug purchasing
- Review of plan documentation to ensure your program is prepared for the introduction of new therapies that can negatively impact your budget
Contact us
HealthandWelfare@buckconsultants.com