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Break Down the Barriers of High Rx Costs! The Struggle • Employees are reluctant to move to HDHP when they have high cost medications • • • • Specialty medication prices skyrocketing More drugs excluded from formulary each year Even prices for common medications can be expensive Employer benefit costs continue to increase until employees become better consumers Solution LowestMed lowers those pesky Rx drug prices by using multiple pricing sources to find the lowest price How Employers Benefit 1. 2. 3. 4. More employees enroll in HDHP options when they have an alternative to get lower Rx prices Drug claims are removed from employer costs when employees use LowestMed Deductible periods are extended resulting in lower employer costs when employees use LowestMed Premiums can be held in check when Rx spend is reduced How Employees Benefit 1. 2. 3. 4. Have easy-to-use transparency tools to compare Rx costs at nearby pharmacies Immediate access to discount coupons • Can be lower than insurance prices • Provides discounts on all drugs including those not on insurance formulary Lower out of pocket costs No cost to use LowestMed - No enrollment - No registration. Action Plan Any or all of the following 1. 2. 3. Mention LowestMed website and apps in open enrollment meetings (less than 60 seconds needed) Include video link on your automated enrollment page. (Employees can watch and be educated in 2 minutes 23 seconds) Distribute the handout from our website that includes two discount cards ready to go. Think Insurance Prices are Always Lowest? You may be wrong! (Watch the news story above to find out) Help Employees Never Pay High Rx Prices Again! www.LowestMed.com