Case StudyAviation Giant Saves Big $$$
An initial audit of the company’s pharmacy spend revealed that a single, controversial narcolepsy drug had been costing the client over $500,000 annually.
In addition to providing formulary and pre-authorization guidance, Scripta monitored the company’s pharmacy spend on an ongoing basis. When the company changed its PBM and the price for one specialty drug increased by 20% overnight, the company had the data it needed to negotiate a better deal immediately.
The bulk of the $9.8 million in savings, year upon year, were driven by an aggressive internal marketing campaign.
By presenting employees and their doctors with the full range of potential savings and by making that data securely available online, Scripta was able to save the client’s employees an average of $513 annually on their medications, while the company itself saved an average of $1,312 per enrolled employee.
The Numbers Speak for Themselves…
Fortune 500 Company
Million Dollars in Savings
Case StudyEncouraging Healthy Behaviors
Scripta saved the client over $292,000 on day one, when an initial audit indicated that a single drug for a single patient was costing $30,000 per fill. The recommended alternative was just as effective—and much cheaper.
Formulary changes have yielded over $700,000 in savings during this five-year partnership and ongoing monitoring of the client’s PBM continues to address pricing anomalies that result from new drugs and constantly-changing usage patterns.
An aggressive internal marketing campaign provided employees with valuable cost-saving recommendations and ensured that their doctors had unprecedented access to cost and co-pay information.
Patients won’t take drugs they can’t afford, but the results of improved medication adherence are well-documented. They include reduced overall health care costs, fewer hospitalizations, and better management of chronic conditions, which prevents absenteeism and increases productivity.
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