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International Prescription Drug Sourcing
Prescription medications can be costly to health and pharmacy benefit plans. In an effort to lower costs, some employers may be tempted to import prescription drugs from other countries. However, there are potential risks employers should consider. Watch our video to find out more about international prescription drug sourcing.
Enhancing Your Pharmacy Benefit
A smooth pharmacy benefit implementation process is the first indication of exceptional service. At National CooperativeRx, we are committed to providing a stress-free implementation with minimal disruption to members. Watch our video to learn more about our pharmacy benefit implementation process.
Benefits of Carving Out Your Pharmacy Benefit Plan
A pharmacy carve-out describes an employer or plan sponsor who separates their prescription drug benefits from their major medical plan for the purpose of contracting and oversight. Watch our video to learn the many benefits of carving out your pharmacy benefit plan and how National CooperativeRx can help.
What Are Digital Therapeutics?
Digital therapeutics are advanced medical devices that deliver software-based interventions to patients to treat, manage or prevent a disease or disorder. Often, these products are not covered under the pharmacy benefit. Watch our video to learn more about this rapidly-growing area and how National CooperativeRx can help if you’re interested in covering these under your benefit plan.
How to Find Lower-Cost Alternatives for Your Medications
Rising medication costs can be frustrating if your burden is on you, the patient, to pay for medications you need. But there are many lower-cost alternatives. There is often more than one medication option to treat a condition. Watch our video to hear our top suggestions to save money on pharmaceutical costs and still receive the same level of care.
How to Differentiate Between a Biologic, Generic, and Biosimilar Drug
When it comes to prescription drugs, you’ll likely hear the terms “biologic,” “generic,” and “biosimilar.” While they might seem the same, it’s important to understand the differences between the three. Check out our video to educate yourself on these essential types of medications.
How to Get the Most Out of a Drug Formulary
With nearly 27,000 prescription drugs on the market, knowing which are covered by your pharmacy benefit plan can be overwhelming. Click our video to see exactly what a drug formulary list is and how it can help.
Controlling Benefit Costs Through Plan Design
National CooperativeRx shares five proven plan design methods to ensure our members get the most out of their pharmacy benefit dollars.
Bringing Transparency & Savings to Pharmacy Benefits
National CooperativeRx is a not-for-profit, member-owned cooperative made up of employers and organizations. Together, our member-owners leverage their collective purchasing power to access the best discounts and cutting-edge clinical programs from a pharmacy benefits manager (PBM) chosen via a competitive bid process. Our goal is high quality, cost-effective pharmacy benefits management with honest, transparent pricing.
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