For most payers, a small percentage of patients generate a significant percentage of drug spend. These patients are using high-cost, branded medications to treat conditions with severe symptoms – often for the rest of their lives. Identifying alternative sources of these medications at lower cost can lead to dramatic savings.
Araya utilizes international pharmacies to allow covered members to access prescription medications at a better price through an integrated mail order program. These medications are made in the same factories currently supplying domestic wholesalers and pharmacies, but the price difference can be significant.
Araya clients save an average of 50% when using international pharmacies as compared to the price of sourcing medication domestically. The program is focused on a small percentage of covered members using high cost brand name medications. The savings is net of rebates and copay concessions offered to encourage utilization. The integrated program captures data on international utilization so it can be incorporated into Araya clinical programs and reports.
Lowcost Pharmacy Benefit Management
877.877.5711
info@arayarx.com
PO Box 460
Latham, NY 12110