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40113 ChoiceRx ePub long (1)

Lowest Cost Network Choice Rx Solutions works with all pharmacies, chains and independents to change the typical build of pharmacy networks in order to create greater competition among pharmacies. The result is significantly lower costs for payers and a network that better caters to their needs. Consider your company’s purchasing methods for products and services other than prescription drugs. You determine the quantity and specifications required, and then ask qualified vendors to compete for your business. This process achieves savings. In comparison, many PBMs will not take this approach when developing your pharmacy network. They believe in one size fits all. Creating Competition Through Custom Networks Lowers Costs There seems to be a pharmacy on every corner—in fact, there are over 65,000 pharmacies in the country− and many PBM networks include all of them, whether that pharmacy is an ‘expensive’ pharmacy or an ‘inexpensive’ pharmacy. The pharmacies have no incentive to compete against each other on price since virtually all pharmacies end up in the network and copays are the same for all pharmacies, meaning that payers pay significantly more than they should for prescription drugs. Our Solution Equals Savings Choice Rx Solution has a simple and unique process for creating a cost effective and accessible pharmacy network. • We partner with major retailers and independents to create a Lowest Cost Network that meet the needs of your members. We do not believe you need every pharmacy in the country for every client, which would result in higher prescription costs whether your members use those pharmacies or not. • Members benefit from lower copays within the Lowest Cost Network. • We mutually determine how many pharmacies are needed to provide access for For more information about our Choice Rx Solutions Advantage, please contact: Dino Dibella (217) 720-3085 your employees or members. • We give pharmacies the opportunity to compete against each other to achieve preferred status in this network. When pharmacies compete, the payers win. All pharmacies are bidding for your business creating an open and transparent market. • Choice Rx Solutions only charges an administrative fee and passes through the new Lowest Cost Network contract rates to you. Choice Rx Solutions will provide an analysis for your company to quantify your savings potential. 8


40113 ChoiceRx ePub long (1)
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