A typical health plan is poorly equipped to address the rising costs of prescription drugs. In 2005, the average health plan spent 13% on prescription drugs. In 2023, that number is 22% and all indications are that pharmacy costs will continue to rise. These factors are a driving force in you annual rate incresase. There are solutions that can have a significant impact on your bottom line without impacting the employee experience or drug availabity.

The United States makes up less than 5% of the world’s population, but accounts for 51% of pharmaceutical companies’ profits. The vast majority of those profits come from employer sponsored health plans.

Let’s talk about how we can help you with your pharmacy spend and better allocate those dollars more efficiently.

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