WHY TRUE RX? Trust - alex david design · Mark Williams, RPh Nathan Gabhart, RPh True Rx was...
Transcript of WHY TRUE RX? Trust - alex david design · Mark Williams, RPh Nathan Gabhart, RPh True Rx was...
Mark Williams, RPh Nathan Gabhart, RPh
True Rx was founded by two pharmacists — Mark Williams and Nathan Gabhart — who set out to change the old Pharmacy Benefit Manager (PBM) model. They succeeded by eliminating MAC spreads and hidden fees, putting forth truthful, transparent business practices, and delivering superior customer service.
An Indiana based company, True Rx serves local and national companies, both large and small. Our team works with clients, members, and pharmacies to ensure optimum value at the lowest possible cost. True Rx takes the time to educate members about their benefits and their medications, and we serve as a resource to members’ health care providers.
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TrustTrue Rx pharmacists consult one-on-one with clients to hold down prescription costs.
IntegrityTrue Rx clients pay the TRUE cost of theprescription, with NO hidden fees.
Customer Service True Rx clients deserve superior Customer Service and we deliver. From the transition to any concern that may develop; our personal touch sets True Rx apart.
Cost ControlTrue Rx partners with our clients providing True Plan ProtectionTM, Formulary GuardTM, Specialty Drug Assistance, MAC AssureTM, and First-Stop GenericsTM, among other programs; coupled with active Pharmacist reviews to protect the Plan and Member costs.
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“I can say that True Rx has lived up to its Mission Statement to bring integrity and trust to the prescription management business and lower cost by offering honest and transparent prescription solutions.” George G. Executive VP & CFO
“ … All I can say is WOW what an employee you have! She was very helpful, considerate, and dedicated to get this situation handled quickly. She worked very hard to get my daughter the needed medicine and was on the phone so much on 1-4-13 and 1-7-13 to resolve this issue. The best way I can describe how much I appreciate her work and customer service is this, I hope and pray she never speaks to any of my customers because if she does there is no way I can provide service equal to hers! Thanks again to your company for a job well done. “ Eric M. Member
WHY TRUE RX?
Transforming the PBM Model
FOR PROVEN RESULTSCONTACT US
TRUST • INTEGRITY • CUSTOMER SERVICE • COST CONTROL
True Rx Management Services
Washington, IN
Phone: (812) 254-7425
Toll Free: (866) 921-4047
Fax: (812) 254-7426
Email: [email protected]
Website: www.TrueRx.com
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“The performance review meetings have provided valuable information for tweaking a prescription program that is already running at full steam. Having a pharmacist across the table takes the review process to another service level.” George G. Executive VP & CFO
PHARMACIST CONSULTANTActual TransparencyTrue Rx is a transparent PBM. Traditional PBM’s will allow “MAC spread
pricing” - a MAC spread, or Maximum Allowable Cost spread, is the
difference between what a PBM pays the pharmacy for prescriptions
compared to the amount the PBM bills the client for those same
prescriptions. True Rx charges the client the same amount we pay the
pharmacy. There are no markups and no hidden costs.
Complete Pass Through on RebatesMost PBMs negotiate rebates with drug companies, but may not pass the
rebates on to clients. With True Rx, all rebates we receive are passed on,
in full, to the client.
Client InvoicingClient invoicing includes claim detail information that can be easily
reconciled.
Program FeesAdditional program fees are clearly defined in the True Rx Pharmacy
Services Agreement.
Administrative FeeTrue Rx simply charges a per claim fee.
True Rx brings integrity and trust to the prescription benefit industry. By offering proven results and exceptional service, True Rx continues to transform the PBM model. As your PBM partner, True Rx provides True Plan ProtectionTM with a variety of customized programs that actively manage your prescription benefits. Our Core Values of Trust, Integrity, Customer Service, and Cost Control drive every day activities to protect the Plan and Member.
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MISSION STATEMENT
CREATING TRUE PLAN PROTECTION
Transforming the
PBM Model
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True Rx Management Services brings integrity and trust to the prescription benefit industry. By offering proven results and exceptional service, True Rx will continue to transform the PBM model.
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“We anticipate substantial savings in our prescription drug costs with True Rx and we also appreciate the programs that encourages our employees to switch their medication to a less expensive generic alternative." Lisa M. Vice President/Human Resources
“True Rx’s promise to us was that they would provide a higher level of service, at a lower cost, and with a high level of integrity. To date their level of service has been everything we’d hoped for. … I would recommend True Rx to any employer looking for a quality pharmacy benefit manager.”
Karen W. Human Resource Manager
RX PROGRAMSClient ReviewTrue Rx pharmacists consult on prescription drug plan design, best cost practices, specialty drug services, and generic utilization.
Plan Rx Utilization AnalysisTrue Rx pharmacists research new trends to ensure the most cost effective utilization of our clients’ prescription drug plans.
Cost ControlTrue Rx offers proactive cost control recommendations to clients.
Plan ReportsTrue Rx provides customized reports that are easy to read and understand.
Plan drug utilization analysiswith recommendations
Proactive cost control recommendations
Reports are easy to read and understand
Quarterly Plan Performance Reports
Annual Plan Review Meetings
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“Also, Brad and I want to express how extremely pleased we have been with TrueRx! We both feel that moving to your company was truely one of the best things that has ever happened with benefits at our company. You have not only delivered what you promised, but above and beyond. Both Brad and I tell anyone and everyone that will listen to us about TrueRx and how wonderful you guys are, and we want you to know how much we appreciate you.” Michele S Employee Relations Manager
ACTUAL TRANSPARENCY Pharmacist ConsultantTrue Rx is an independent PBM, owned and operated by pharmacists—giving clients and members direct contact with the owners.
Rx UtilizationTrue Rx pharmacists consult on prescription drug plan design, best prescription cost practices, specialty drug services and generic utilization.
Clinical ReviewsTrue Rx conducts drug reviews and offers recommendations on how to control clients’ overall drug costs.
Analyze Emerging TrendsTrue Rx pharmacists research new prescription trends to ensure the most cost effective utilization of our clients’ prescription drug plans.
“A major feature of True Rx is the fact their plan design is very simple, easy to understand and easy to administer. There are no hidden charges with their plan— everything is up front.”
Michael W. Human Resources Manager
Complete pass through of alldrug rebates received
Additional programfees clearly defined
No MAC spreads
Invoices includeclaim detail
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“My experiences contacting large insurance or medical corporations has le� me frustrated on many occasions. The menu is usually a long and involved series of questions and number pushing until you finally reach ‘the person’. More times, than not, what you hear is the dreaded voice mail and phone tag begins! It is a precious waste of time and an unresolved issue. When I called True Rx the phone was answered by a human voice, not a computer generated message and I was immediately connected to Celeste. I remembered calling last year and having the same experience. Your company should be commended in this ‘age of technology’ for your exemplary customer service.” Karen C. Member
“The conversion from our prior PBM was seamless and took very little effort on our part.”
Lisa M. Vice President/Human Resources
Unmatched Customer ServiceAt True Rx, transforming the PBM model means more than just saving money for clients and members. The True Rx model also embodies a level of customer service that is unmatched in our industry. True Rx clients benefit from a service philosophy that always puts the needs and interests of our clients and members first.
Easy TransitionWhen clients transition from their current PBM to True Rx, they enjoy an easy, hassle-free experience that is facilitated accurately and on time.
Knowledgeable Service StaffThe True Rx member services line is staffed by highly trained customer service representatives who have the knowledge to answer member questions and help resolve issues.
24/7 Pharmacy Help DeskTimely resolution of any issue at the pharmacy level is offered.
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Industry leader
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Industryleader
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“True Rx’s service is impeccable. Their reporting is timely and clear and their performance has been flawless. And since we changed to True Rx we’ve seen a significant bend in our pharmaceutical cost curve.”
James G. Medical Science Officer
Formulary GuardTrue Rx monitors acute market conditions and reacts quickly to price fluctuations to protect clients and members. Patent extenders are blocked and therapeutic alternatives are identified for price protection.
MAC AssurePharmacists review pharmacy costs weekly to ensure the most competitive generic pricing is in place for the client.
First-Stop GenericsTrue Rx offers a voluntary program (MTM) and a mandatory program (Step Therapy) to target brand name drugs with safe and effective, but less costly generic alternatives. Case managers personally contact members and handle the change with the prescriber and pharmacy for the member. True Rx ensures members have no breach in therapy.
True Rx receives no revenue from rebates – our goal is to lower client and member costs.
True Plan ProtectionTM
First-StopGenericsTM
MACAssureTM
FormularyGuardTM
TMTrue Plan ProtectionTrue Rx offers multiple programs to control costs for both the client and member.
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