Avoiding Spread | Lowering Costs | A Unique Experience | Getting More | Work With Us | What Clients Are Saying | Ready For A Change?
Part 2: Lowering Costs
for Clients and Their Members
The industry’s alternative pharmacy benefit manager (PBM)
We’re committed to making prescriptions more affordable for you and your members. That’s why we work hard every day to take the unnecessary costs out of pharmacy benefits. To that end, we’ve reinvented pharmacy benefits to work smarter to deliver real savings and improve member health. As a result, many of our first-year clients see anywhere from a 10-15% savings, some clients see even more.
New Client Savings
Our pass-through model is so successful that in 2018, clients that switched to Navitus from another PBM saved 16 percent, on average, in drug cost. Although these clients come from a wide range of industry sectors, by adopting our model and using recommend cost-reduction strategies, they achieved substantial PMPM trend savings.
Our pass-through model is so successful that in 2018, clients that switched to Navitus from another PBM saved 16 percent, on average, in drug cost. Although these clients come from a wide range of industry sectors, by adopting our model and using recommend cost-reduction strategies, they achieved substantial PMPM trend savings.
5-Year Cumulative Savings
Navitus clients experience lower than average PMPM. In fact, in 2018 we helped our commercial clients achieve a PMPM of $75.83, which is 15 percent lower than the industry average of $88.97. But the savings aren’t limited to one year. Looking back over 5 years we held PMPM costs to a significantly lower number than the industry average, helping our clients save more.
Navitus clients experience lower than average PMPM. In fact, in 2018 we helped our commercial clients achieve a PMPM of $75.83, which is 15 percent lower than the industry average of $88.97. But the savings aren’t limited to one year. Looking back over 5 years we held PMPM costs to a significantly lower number than the industry average, helping our clients save more.
Gross Profit Per Claim
We take the unnecessary costs out of pharmacy spend to ensure our clients receive all of the savings. All discounts and rebates are returned to the client. As you can see from this graph, traditional PBMs tend to keep a portion of the revenue for themselves. An agreed upon admin. fee is the only way that we earn money.
We take the unnecessary costs out of pharmacy spend to ensure our clients receive all of the savings. All discounts and rebates are returned to the client. As you can see from this graph, traditional PBMs tend to keep a portion of the revenue for themselves. An agreed upon admin. fee is the only way that we earn money.
CLICK THE BUTTON BELOW TO LEARN MORE.