BenefitsRx Home Delivery Pharmacy Solution Increases Generic Utilization
up to 25 Percent over Retail Pharmacies
WINNIPEG, March 7, 2014 /CNW/ - Drug plans pay considerably more for
brand name products that offer little, if any, therapeutic benefit over
other less expensive generic product in the same therapeutic category.
The BenefitsRX home delivery pharmacy program is intended to utilize
lower cost generics and save patients money.
Says Paul Clark, president of BenefitsRx, "BenefitsRx's home delivery
program has shown that it can increase generic drug utilization. When
integrated with other PBM services from BenefitsRx, home delivery can
increase compliance, the use of generics and adherence to formulary
Using an integrated home delivery pharmacy provider, benefit managers
have shown that they can increase generic prescription fill rates to 85
percent compared to just over 60 percent national average through the
retail pharmacy channel.
The Canadian Generic Pharmaceutical Association estimates that private
plans would save $140 million for every one percent gain in the generic
BenefitsRx home delivery uses a high volume mail order fulfillment
approach that streamlines the supply chain, improves accuracy, and
significantly reduces the cost of production.
For plan sponsors, home delivery is an important element of an overall
strategy for improving patient care and controlling plan costs. An
effective home delivery program can save plan sponsors as much as 20
percent on their pharmacy benefit spend.
BenefitsRx is a Canadian company dedicated to the needs of Canadian
employers, unions, associations, or other groups looking to improve
drug coverage for their members. The mission of the company is to
achieve the best possible health outcomes for plan members with the
most cost-effective drug therapies.
For further information:
Director, Customer Relations, BenefitsRx