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Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors?
Vulakh, Larisa; Wertheimer, Albert I. (University of Minnesota, College of Pharmacy, 2011)
 

Title 
Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors?

Issue Date
2011

Publisher
University of Minnesota, College of Pharmacy

Type
Article

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.

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Other Identifier(s)
issn: 2155-0417

Suggested Citation
Vulakh, Larisa; Wertheimer, Albert I.. (2011). Is Mail Service Pharmacy Cost Beneficial to Plan Sponsors?. University of Minnesota, College of Pharmacy. Retrieved from the University of Minnesota Digital Conservancy, http://purl.umn.edu/109745.


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