EquivaMeds

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From small to big, any business can benefit from EquivaMeds.
EquivaMeds finds lower cost generic drugs, even if your brand drug doesn’t have a generic version, and then helps you easily work with your doctor to see if the new generic drug is right for you.

           The best thing since generics.

Case Study $1 Million Savings

Insured Status:
Industry:
Covered Lives:
Timeframe:
  Self-insured
            Healthcare
               5,000
        12 months

Results:
 
Generic Fill Rate
+42% 
Pharmacy Drug Cost (y/y):
-13%
Total Net PMPM Cost:
-29.8%
Physician Acceptance:
95%

 

Take the next step.

Contact us to see how to put EquivaMeds to work for you…

 
 

EquivaMeds is a powerful new way for employers like you to lower prescription drug costs. This proprietary service searches equivalent-class medications-not simply generics but any medication that a doctor might prescribe to a patient as therapy for a particular condition-and provides that information to the patient's doctor to help him or her make a more informed decision. Medications suggested by EquivaMeds are available at local pharmacies, so it easily integrates into your prescription benefit plan.

Your plan members will appreciate EquivaMeds. EquivaMeds makes it easy for patients to discover options and to share them with their doctors. Physicians also value EquivaMeds because it enables them to evaluate and prescribe alternatives quickly and accurately, thereby saving them time and reducing prescription rewrites, while ensuring that their patients actually use their intended drug therapy.

EquivaMeds has found savings of up to $400 per employee, per year. For every 1,000 covered lives, that can add up to as much as $600,000 in annual savings. Most important, employees are healthier and happier.

 
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