The SS&C Health Drug Discount Wrap program gives members seamless access to competitive discounts on list prices when a prescription is not covered under their benefit. You determine which drugs are included in the program, and retain your claims data for drug utilization review and utilization management edits/programs.
Why are drug wrap programs important in today’s healthcare environment?
As benefit designs evolve, formularies become more restrictive, and drug prices rise; members are often exposed to list price for prescriptions. If that price is too high, they may sign up for a third party patient assistance program or even worse – abandon the treatment. Either way, plans lose valuable data and insights into member healthcare journeys.
In addition to improved pharmacy data capture and member satisfaction, our drug wrap program offers a unique revenue sharing option.