of pharmacy spend is driven by 2% of total claims
specialty cost doubles when considering both pharmacy and medical benefits
The challengeWhile new drug categories are providing promising cures and therapies, employers struggle to absorb the sky-rocketing cost of specialty drugs.
Why choose Mercer for pharmacy innovation?
Our innovative pharmaceutical cost-management solutions may help companies provide the life-changing pharmacy drug benefits their employees need—while shielding your business from unsustainable costs. Employers partner with us because we help with:
Tech-enabled dynamic procurement solutions.
- Utilizing our experts and scale, our process drives bidder competition to maximize value to plan sponsors and members
- Sophisticated technology minimizes bidder gamesmanship of both qualitative and quantitative evaluations
- Results presented in clear comparisons you can trust
- 17% Average savings in specialty drug costs
- Therapeutic expertise that maximizes accessibility of prescription medications
- Addresses member concerns around affordability, an important part of improving medication adherence and ultimately patient outcomes
- Helps members understand the true cost of medications in accordance with all transparency requirements
Data-driven clinical and financial insights.
- Understand plan performance to contractual financial guarantees
- Pharmacy experts provide actionable recommendations to changes in your prescription drug claims
- Optimize program performance in alignment with the goals and objectives of the plan
Read our latest Thought Leadership
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