Control Your Costs

Reduce Your Drug Costs

Drug claims account for 70% to 90% of health care costs, so it makes sense to tackle this major expense item in a group insurance plan.

We’ve developed an exclusive approach to raising awareness and communicating with employees to help them change their drug purchasing habits. Here are our 4 levers :

• Opt for generic drugs
• Ask for a 90-day supply of maintenance drugs
• Shop around for your pharmacy
• Consider using a mail-order pharmacy

If all your plan members follow best practices in cost management, you could see recurring savings of 10% to 30%. That’s huge!

Targets and Measurable Results

Before launching an awareness campaign, we set our target based on the potential savings :

• If all employees opted for generic drugs
• If all employees taking maintenance drugs bought them in 90-day supplies
• If all employees bought their drugs from pharmacies offering competitive prices, which would cut down on pharmacist fees
  
  

We compare the average duration of prescriptions before and after the campaign to measure the rate of adoption of good purchasing habits among the target group.