Our Prescription for Success
Step 1: Review your current drugs and costs.
Step 2: Identify wasteful, low value and high cost drugs and present plan saving recommendations.
Step 3: Proactive outreach to members to talk about options for improved health outcomes.
Since 2011, our solution has returned an average trend increase less than 2% compared to the industry average of 8% – 10%.
Delivering Results Through
Lower employer Rx costs.
Reduced member out-of-pocket costs.
Mitigating potential stop-loss lasers.
Calculate Your Savings
Interested in learning more about how STAR-Rx could benefit you?
Testimonial
“STAR-Rx cost management has resulted in a <2% year over year claims increase for our plan. This has been a big part of our ability to give employees a two-month holiday bonus on their health plan contributions for 3 straight years.”
“You guys are ROCK STARS! We’re barely over month into the new plan and you’ve already saved the plan $82,000!! This is phenomenal. First, thank you for walking through the process with the member and getting the right medication to them at the lowest possible price for the group. And second, thank you for following up with me so thoroughly. That means everything to a broker, especially for a group that is so personal to us. That’s $82,000 that the nonprofit does not have to find room for in their budget that can be used elsewhere. It’s very cool to see the things we’ve been talking about in abstract before the plan started actually happening now!”
(In addition to the $80,000+ savings to the plan the member will save $1,250 out of their own pocket for copays and deductibles!)
“I wanted to take the time to express how grateful we are we got connected with your PBM solution. Prior to us meeting, we used 2 different PBMs when looking for alternative solutions for our self-funded clients. We thought we were working with the best at that time, both were good PBMs and offering our clients the savings we were promised.
“We moved our first client to STAR-Rx on January 1st and I must say working with Amanda has been a game changer. What was an enormous undertaking moving clients to a new PBM, is now a breeze. Implementations are always a thorn in our side because of the multitude of issues: incorrect plan entry, screwed up census, employee complaints – we just thought that was the way it was. It has been absolutely amazing/shocking that we have not had any of these issues. You and your team do a fantastic job helping through the implementation process, and any issues that have come up are immediately resolved.
“I don’t know what else to say but, thank you!”
A successful enrollment in our member concierge program resulted in the removal of a $250,000 prescription that not only saved the member and employer money, it removed a costly laser from their stop stop-loss renewal. This has been a game changer for our client.
“We take pride in our ability to provide health benefits to our employees and their families. We’ve undertaken several initiatives to control the cost without sacrificing the richness of our benefits, and one of my easiest successes was removing wasteful drugs from our coverage policy.
“In addition to taking wasteful drugs off the formulary, all appropriate prescriptions were switched to lower cost therapeutic equivalents. Since then, the cost of non-specialty pharmacy claims dropped 20% for the company. Because the plan allowed for a 3-month transition to the new, non-wasteful medications, our spend on wasteful drugs was down 75.8% one year after the switch.”
“As a self-insured employer, we are thankful to have this PBM solution. This collaboration has allowed us to provide our employees with some valuable programs so that they can stay healthy, happy, and also to save the company from unnecessary benefits costs. Our focus is on keeping our employees healthy at the best value, and your solution has made it easy to maintain that focus.”
“I am not sure when we started using this new Rx advocacy for high cost medication, but let me tell you, they have been AWESOME! The support team has walked me through every step and kept in touch through e-mail to make sure everything was good and on task. This is a great service for sure. I hope we will keep using this, and I hope other employees know this is a tool they can use. Thanks!”
Contact Us
STAR-Rx
(513) 278-7175
3380 Erie Avenue Suite 200
Cincinnati, OH 45208