PRESERVING MEMBERS' CHOICE AMID ESCALATING COSTS
Rising prescription drug costs make it difficult to provide members with a valued and competitive prescription drug plan. Amwins Rx recognizes the challenges TPAs and plans face and has developed several programs that help balance containment of escalating pharmacy costs with the preservation of members' personal choice.
Amwins Rx's Variable Copay Assistance Program captures available dollars from the manufacturers to reduce plan sponsor costs while maintaining or reducing your members current copay. Savings are typically around $7.50 PMPM.
Plan cost for branded drugs is reduced using monthly or annual limits set forth by manufacturers. The result is savings for the plan sponsor, neutrality for the member, and an increased portion of the drug cost picked up by the drug company.
Administration is handled by Amwins Rx, including enrolling patients, communications, capturing available dollars and managing plan reporting.
In the example below featuring Humira, you can see how a single member saved $900 per year and the plans saved $12,000 per year by implementing a variable copay program.
