Now more than ever, employers are embracing outside the box solutions to control and reduce healthcare spend without impacting the quality of care. ScriptSourcing’s $0 rx copay program has proven to be very attractive to both plan members and the plan sponsor.
ScriptSourcing, LLC is a prescription mitigation service based in Baltimore, Maryland that serves hundreds of self-funded employer groups.
The company mission to mitigate the costs of thousands of name brand medications works to combat the rise in rx costs to aid employees as well as self-funded employers. The prescription cost mitigation solutions that ScriptSourcing has to offer enables employers to save 50-70% in healthcare expenses.
Healthcare expenditure is an area that many employees find taking up a great deal of their budget. Rising at a much higher rate than general inflation, the cost of prescription medications has continued to increase at a rate of 6% per year since 2001 in the United States. In 2020, the cost of many prescription brand name drugs has more than doubled in the past decade. With prescription drug costs continuing to rise at such a rate, many individuals are having great difficulty in affording the medications that are necessary to maintain their health.
The unfortunate decision that many are driven to make may include partaking in medication non-adherence in order to afford their medications alongside other lifestyle expenses. Attempting to afford a costly medication may place an additional financial, physical, and/or mental strain on the patient. It is estimated that although 66% of Americans are prescribed a medication, only 50% of those individuals are taking their medications as directed.
This can include skipping their maintenance medications, not taking the exact prescribed dosage, sharing prescriptions with others, prolonging prescription drug refills, or requesting that their doctor prescribe different and cheaper medications. Medication non-adherence results in the individual experiencing a decreased effectiveness in the treatment methods prescribed by their doctor. Leading to approximately 125,000 deaths per year, medication non-adherence can cause an individual’s condition to worsen or become fatal. At an attempt to save on health care costs, employees may be putting their body, mind, and overall health at risk. ScriptSourcing offers the solution.
A significant advantage offered by ScriptSourcing features employee outreach. Through this offering, Member Advocates at ScriptSourcing will outreach employees that have active coverage through their employer’s health plan. Member Advocates speak with employees directly, learning the importance and financial significance of each employee’s healthcare needs. If the employee chooses to enroll in ScriptSourcing’s added benefits, they can begin to take advantage of the $0 copay mail-order pharmacy program through their healthcare provider. By making once unaffordable specialty and brand name medications obtainable for the employee, individuals are able to receive the healthcare they need without putting their mind, body, and budget at stake.
As a Member Advocate at ScriptSourcing, I have learned the impact that prescription mitigation can have on an individual’s life and personal experience. Getting necessary medications for a $0 copay can significantly reduce the employee’s healthcare expenditure and become the difference they need for their health and budget. The reactions and reviews that we have received exemplify the significant impact that our program has made in the lives of members. A few examples of these reviews include:
“Really personable company! Definitely would recommend, they truly helped me save money on my prescriptions. The help provided by the team at ScriptSourcing was greatly appreciated!” written by member Halie Depalmer.
“The service provided was helpful and quick. When I talked to one of the customer service reps, she talked me through the steps of signing up for the program. Now, I feel like I won't have to worry about the cost of my medication as much. Thank you!” written by member Haley Saffren.
“My rep made getting my meds a surprisingly easy and enjoyable experience. I was stressed about my copay beforehand, so it was a relief to be met with nice personnel and an easy process!” written by member Donna Ballard.
Mitigating the rx costs for employers and employees results in happier, healthier employees that can obtain their prescribed medications affordably and conveniently. Through providing employee outreach, ongoing monitoring and identification of savings opportunities, and prescription advocacy for self-funded employer groups, ScriptSourcing actively aids in getting individuals access to the medications they need.
Summary:
A prescription mitigation service based in Baltimore, MD enables employees to slash Rx spend in half through a $0 copay program. Through offering member advocacy, employee outreach, and an ongoing service that identifies savings opportunities, employees and employers are saving like never before.
Author: Molly Merson, Member Advocate
ScriptSourcing, LLC
