If the answer is no, you may want to assess other PBMs. At RxPreferred, we charge our clients the actual cost of each prescription, with no markups. What we pay the pharmacy is what we bill our clients. All clients have access to their real-time information, via an online portal, so they can validate.
If the answer is no, you may want to assess other PBMs. At RxPreferred, our client has access to see exactly what we paid the pharmacy on their behalf. Without having this visibility, you have no way of knowing if the PBM has overcharged you.
Mail order and specialty pharmacies can cost you more because many PBMs own their own, which allows them to influence pricing. RxPreferred believes this is a conflict of interest and do not own our own pharmacies. Instead, we save our clients money by allowing 90-day prescriptions at retail pharmacies and leverage third parties to drive the best pricing when mail and specialty items are needed.
If the answer is yes, ask if the PBM passes the rebates along to their clients. One hundred percent of all rebates received by RxPreferred are passed on to our clients.
At RxPreferred, our only source of revenue is our flat, per claim, administrative fee. We have no hidden revenue sources.