People who know Pharmacy Benefit Management
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With membership to ARMSRx University your company will receive the following services:
- Savings Analysis – Current PBM VS. Market Competitive offerings (once annually)
- Co-pay Modeling or Plan Design Modeling (three plan design options)
- Formulary Comparison against Lower Net Cost offerings (once annually)
- Monthly newsletter of Pharmacy Benefit Industry updates
This membership will:
- Save valuable time
- Prevent having to go out to bid.
- Prevent having to pay hefty consulting fees
- Help you understand what you are paying for
- Provide continued relationship with broker/consultant
Modeling is imperative to understand your plan’s performance and whether your plan design and vendor’s programs work to your advantage. Analysis will show cost savings or increase, how your membership’s copays will be impacted and the level of disruption that can be expected. We’re here to help you decide what makes sense.
ARMSRx provides your company with an independent and unbiased opinion without ties to any PBM.
Going out to bid can be costly, time consuming and disappointing. The average charges by big consulting firms range from $25,000 to over $100,000 depending on the scope of services offered. ARMSRx University is economical and provides your company’s Human Resource and Chief Financial Officer the intellectual capital needed to make educated decisions without the expense. The pharmacy benefit is the most “used” benefit that employees take advantage of. It’s time to get a handle on it.
Membership is $995.00 per year.