When an employer client came to a consulting firm, frustrated with their growing monthly spend on prescriptions, the team began working through a Pharmacy Benefits Manager’s (PBM) Low Clinical Value list to identify low clinical value drugs and their cost, the alternative drug, and the cost of the alternative drug.
After identifying a list of prescriptions to remove, the client went to their carrier to update the items included in their plan’s formulary.
In this client success story, learn how the firm leveraged the data and curated direction in Springbuk to:
- Identify a PBM with significant cost-saving opportunities
- Guide their client through plan options and carve out their prescription Rx spend
- Select metrics to track in Springbuk Timeline to understand the carve out's impact