Download Break Down the Barriers of High Rx Costs!

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Transcript
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