No. The transition is a simple, straightforward process for you, and your employees.
There are three main sources of savings when transferring to a captive model from fully-insured:
1. A Prescription Benefit Manger (PBM) assists employers with networking pharmacies, condensing imroi.s, aggvegating rebates, managing costly …mono., managing formularies and more
2. Makes you compliant with HCR with …gated accumulators med/Rx
3. Access to retell discounts
4. Access tc rebates
For access to rebates, PLUS you cannot buy directly from wholesales. More imporDNly, with this volume of business, buying 1,000 is much different than 1,000,000.
Yes, a pass-through PBM can provide real-time auditing and access to contracts.
Sonthere Scripts is the most transpare. PBM in the Country. Y., we itenisr rebates and do not practice 403,144T1
This puts the monetary risk on the PBM. I think this is the smoke and minors process currently in play with the industry!
Soutliem Scripts keeps none. NA a penny.
Rebates are used to leverage and ensure market share and access through formulay placeme.