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PROMISE VS REALITY
Determine Current PBM Risk Factors with Three Simple Assessments
The role of human resources in managing prescription drug benefits has never been more crucial. Recent high-profile lawsuits have underscored the importance of proactive and informed oversight of pharmacy benefits.
Assesment one
Compare Your Top Drugs
Is your PBM actually providing your employees with fairly priced medications and optimizing for low out-of-pocket costs? Are they ensuring the lowest net cost for you as the plan sponsor? Complete your own top drug analysis now.
Our Promise
How do I check how much I pay for these medications?
1
Ask your PBM account manager
2
Use your PBM portal
*Warning: Some PBMs charge extra for claims level reporting
Assesment Two
Calculate Your PMPM
What are your per member per month costs including admin fees, ancillary fees, and drug costs? Find out using this simple calculator.
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Assesment Three
Understand Your PBM Evaluation Process and Contract
The current RFP process for PBMs obfuscates real costs by overly focusing on discounts. If you answer “yes” to any of the questions, your evaluation process may be flawed.
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Critical PBM Knowledge
Take the Next Steps to Protect Your Team and Organization
SmithRx is on a mission to reduce the complexity and costs of pharmacy benefits with radical transparency and cutting-edge technology.
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