Pharmacy

In recent years, the development of new drugs and the direct marketing of “name brand” drugs to consumers have led to skyrocketing prescription costs. MedCost Benefit Services is committed to exploring every appropriate savings opportunity for our clients, so we offer a full range of pharmacy benefit management (PBM) services.

Through our partnerships with major PBM vendors, MedCost can offer our clients prescription drug discounts that meet or exceed current pricing available in the market. (We also have the capability to work with other PBMs if requested by a client.) Together with our PBM vendors, MedCost helps clients control growing pharmacy costs without compromising patient care.

MedCost offers services such as formulary development, specialty pharmacy arrangements for certain high-cost drug therapies, daily eligibility transfers, and prescription history downloads. Our experience, detailed analysis, and advanced reporting capabilities allow us to collaborate with employers to create the best possible prescription drug plan for their employees while maintaining cost-effectiveness.