It may be surprising, but even health care industry clients such as nursing homes and long-term care facilities are looking for answers to control pharmaceutical costs while ensuring their employees receive the medications they need. True Rx Health Strategists partners with several clients within the health care industry.
One long-term care facility with 6,400 members was spending millions of dollars on pharmaceuticals, in particular, on specialty medications. They knew they needed big changes and it would require clear communications to their employees and in their reporting processes.
In 2017, the average cost per prescription with their previous pharmacy benefits manager was $93.10.
In combination of no spread pricing and pass-through rebates, the company also chose True Rx Health Strategists True Savings programs including True Guard℠ and True Advocate℠. This is our concierge service for patients taking specialty medications.
In 2020, the average cost per prescription is now $84.69.
in formulary savings.
in rebates passed on to the client.
savings from 2.8% of employees using the
True Advocate program.
through our no-spread savings.
in total savings.
“The implementation process was well planned and went as smoothly as we could have hoped. True Rx was very proactive and prepared us for all the possible glitches.” – Senior Director of Benefits