EquivaMeds

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EquivaMeds reduces Rx cost trends for your clients.
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…

 
 

A new competitive edge. EquivaMeds is a game-changing tool that can significantly and substantially reduce 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. The medication suggestions provided by EquivaMeds are drugs that are found at your local pharmacy, so it easily integrates into any current prescription benefit plan.

Best of all: equivalent-class medications are up to 80% less expensive than brand or other generic medications and come with years or even decades of safety and efficacy data.

EquivaMeds is easy to market, administer and integrate and provides a great way for you to differentiate your organization in both new and current account management settings.

EquivaMeds is actively seeking partners including:

 
  • Third Party Administrators (TPA)
  • Pharmacy Benefit Managers (PBM)
  • Benefit Consultants
  • HR Consultants
  • Benefits Brokers
  • Reinsurers
  • Affinity Groups
  • Affiliate Programs
  • and more

Contact us today to see how EquivaMeds can help your organization win and retain more clients.

 
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