The Specialty Drug Freight Train is Coming

Specialty drugs are one of the fastest-growing components of an employer's health care spending.

Specialty drugs are high-cost medications that treat chronic conditions such as psoriasis, rheumatoid arthritis, multiple sclerosis and cancer. While specialty drugs are 2-3% of all prescriptions ordered by physicians, they are responsible for 50% - 75% of all prescription spending.

Unfortunately, this trend and expense are only getting worse

The average specialty drug costs an employer $105,000 annually
Total prescripton drug spending in the United States is approaching $800 billion annually
Brand name specialty drug costs are increasing 18-20% per year
Specialty drugs now account for 51% of total pharmacy benefit cost

Specialty Drug Programs

Reduce Your Prescription Spend by 50-75%

Specialty Drug Programs

Reduce Your Prescription Spend by 50-75%

No Copays

With our programs there are No Copays on high-cost brand and specialty drug medications.

No Shipping Cost

90-day supplies are shipped directly to your employees' doorstep with zero shipping costs

No Stress

Our Advocates and Fulfillment teams make it easy for employees and their dependents

By applying the proper strategy to just 2-3% of your Rx claims you can reduce your overall drug spend by 50-75%

Managing Access and Affordability to High-Cost Specialty Drugs

Specialty drug costs have risen to new levels. Over one-half of all drug costs, now approaching $800 billion, ordered by physicians are classified as Specialty drugs. However, the truth is that many employees, employers and group health plans cannot afford these high-cost drugs. Rx Sheid can help.

The Rx Shield cost containment platform and Specialty Drug Programs helps employees save on high-cost medications, which improves adherence to medications and reduces medication costs by as much as 75%.

Our platform includes access to Member Advocates and fulfillment teams that are highly trained "concierge navigators" that work with eligible employees and their dependents to secure savings on high-cost medications at no cost to the employee. We reduce the stress of applying for programs and increase appreciation for the employers' healthcare Program.

How It Works, Step by Step

1

Medication Identified

A medication is identified as a high-cost specialty drug and is forwarded to our Advocacy Center and fulfillment team to find the lowest cost option.

2

Enrollment

Our team reaches out to the member to assist in the enrollment for savings process.

3

Fulfillment

Once approved, our team works with the member and their physician to obtain the medication.

4

Ongoing Access

Once enrolled, the member receives the medication on an ongoing basis at no cost. This means Zero copays for employees and dependents.

Case Studies: Actual Savings Realized by Rx Shield Clients

Medication Name

Tasigna

Tysabri (Infusion)

Humira

Reason for Use

Cancer Medication

Multiple Sclerosis

Rheumatoid Arthritis

Annual Plan Savings

$154,659

$140,000

$85,620