- Light, Singer and Willett
WHO WE SERVE
motivation to be a steward of your best interests.
Self-Funded Employers
Brokers and Consultants
We make it possible for health insurance brokers and employee benefit consultants to grow revenues while at the same time slash their clients’ pharmacy costs. As Fiduciary PBM, we do it at a fraction of the cost of our competitors.
Health Plans and Systems
Is it more beneficial to outsource or bring the PBM management in-house? For us it doesn’t matter as we help with either scenario. Simply put, our goals are in direct alignment with yours.
WHAT WE OFFER
Your pharmacy benefits, your way.
Fiduciary
Business Model
Traditional
Business Model
Reinvestment
Business Model
Pass-Through
Business Model
Transparent
Business Model
Fiduciary
Business Model
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|
65,000+ retail pharmacy network Major chains and independents included. |
|
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|
Custom formulary Drives lowest net cost. |
|
24/7 member support Both English and Spanish speaking staff. |
|
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
Traditional
Business Model
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|
65,000+ retail pharmacy network Major chains and independents included. |
|
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|
Custom formulary Drives lowest net cost. |
|
24/7 member support Both English and Spanish speaking staff. |
|
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
Reinvestment
Business Model
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|
65,000+ retail pharmacy network Major chains and independents included. |
|
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|
Custom formulary Drives lowest net cost. |
|
24/7 member support Both English and Spanish speaking staff. |
|
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
Pass-Through
Business Model
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|
65,000+ retail pharmacy network Major chains and independents included. |
|
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|
Custom formulary Drives lowest net cost. |
|
24/7 member support Both English and Spanish speaking staff. |
|
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
Transparent
Business Model
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|
65,000+ retail pharmacy network Major chains and independents included. |
|
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|
Custom formulary Drives lowest net cost. |
|
24/7 member support Both English and Spanish speaking staff. |
|
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
TraditionalBusiness Model |
ReinvestmentBusiness Model |
FiduciaryBusiness Model |
Pass-ThroughBusiness Model |
TransparentBusiness Model |
|
---|---|---|---|---|---|
Unrestricted access to group claims data Some PBMs restrict access to information because of its “proprietary” nature. |
|||||
Site of care management One of the biggest opportunities to reduce specialty drug costs. |
|||||
Invoice reconciliation Matching paid claims to invoices should not be time-consuming. |
|||||
65,000+ retail pharmacy network Major chains and independents included. |
|||||
Mail & Specialty pharmacy Cost plus pricing and reliable delivery. Provides a CMM or comprehensive medication management program. |
|||||
835 electronic remittance advice Allows plan sponsor to confirm amount reimbursed by the PBM to the pharmacy. |
|||||
Flexible benefit design Prevent fraud, waste and abuse, for instance. |
|||||
Custom formulary Drives lowest net cost. |
|||||
24/7 member support Both English and Spanish speaking staff. |
|||||
Mobile application and web portal Available on Android and iOS with advanced protection, pharmacy locator, drug lookup and accumulator features. |
|||||
Rebate remittance reports Claim level detail on each claim manufacturers paid a rebate. Report includes NDC, date, claim number, Days supply, pharmacy identifier, quantity and amount paid. |
|||||
Pharmacogenomics program Program investigates how variations in genes affect response to medications. |
|||||
Alternative funding programs Includes patient assistance and copay maximization programs not limited in scope. |
|||||
Fiduciary standard of care Once a group goes live, PBM doesn’t adopt a rent-seeking behavior and is contractually obligated to contain its clients’ cost. |
THE TRANSPARENTRX WAY
Doing more for less.
Request a complimentary plan performance assessment report (PPAR)
a) Claims repricing
b) Contract and Benefit Design evaluation w/proprietrary scoring methodology
c) Rebate benchmarking
d) Learn how much you could save
Confirm pricing, performance guarantees and radical transparency
a) Interview or finalist presentation
b) Check references
c) Confirm project plan goals and timeline
d) Maximum effort to understand the big picture of client requirements
Roll out America's first fiduciary model PBM to employees and dependents
b) Clear expectations set with HR team and members during open enrollment
c) Pre and post implementation audits
d) Continuous monitoring
ORGANIZATION AND EMPLOYEE
PHARMACY BENEFITS CERTIFICATION PROGRAMS
TESTIMONIALS
What our clients have to say.
Jessica Woodward BrannDirector Employee Benefits
HORAN
Simpara
More to come!”
Brian UhligSenior Vice President
GCG Financial, LLC
Benefit Management, LLC
Lendmark Financial Services
“I want to thank you so much for the knowledge, energy and passion you brought to the topics covered in the course. Your delivery was so electric! Not only was there never a dull moment in this course, the information shared was so eye opening. Throughout the class I kept saying to myself how can I have spent so much time managing employee benefit programs (over 20 years) and not have been aware of much of the material covered in this course. I thought I knew much more that I knew before I took this course. I feel so much more equipped now, though I am certain there is so much more to learn. If ever you consider offering other related courses, please let me know. I would love to consider enrolling.”
HealthPartners
Calculate your net savings
Organization And Employee
Pharmacy Benefits Certification Programs
MARKET VALIDATION
$597,000,000,000*
Total US prescription drug spending by 2025
1
*Source: Kaiser Fmaily Foundation analysis of CMS Natinal Expenditure Data Histroical (Cy2005-2015) and Projected (CY2016-2025) Reatils Prescription Drug Expenditures.