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Volume 02, Number 2, 2011 >

Please use this identifier to cite or link to this item: http://hdl.handle.net/11299/109745

Title: Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors?
Authors: Vulakh, Larisa
Wertheimer, Albert I.
Issue Date: 2011
Publisher: University of Minnesota, College of Pharmacy
Citation: Vulakh L, Wertheimer AI. Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors? Innov. Pharm. 2011; 2(44):1-8.
Abstract: The objective of this study was to describe and compare prescription drug costs charged to a plan sponsor for the top 50 maintenance medications provided through retail and mail service procurement channels. Data were obtained for covered beneficiaries of a health plan sponsored by an employer with just over 3,000 covered employees The analytics team at the PBM administering the plan sponsor’s prescription drug benefit provided de-identified claims information for the top 50 maintenance prescription drugs delivered through either mail service or retail procurement methods for this employer over a one year period (7/1/2008 to 6/30/2009). Based on these data, (1) dollar amount difference (mail service minus retail), and (2) percentage difference between mail and retail costs (as a percentage of the lower net cost per day) were computed. The findings revealed that 76 percent of the medication products studied were associated with a lower net cost per day to the plan sponsor through mail service procurement and 24 percent were associated with lower net cost through retail procurement.
URI: http://purl.umn.edu/109745
ISSN: 2155-0417
Appears in Collections:Volume 02, Number 2, 2011

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