With the seemingly ever-rising costs of health care, it is important to know how to get the most out of your benefits plan. For many people, prescription drug costs can be a large portion of their monthly medical costs, and making sure that you receive the most effective medication at the best price can often be an overwhelming task.
Fortunately, there are many helpful tools to assist consumers in making smarter decisions about their prescription medications. One of those tools, available to Regence BlueShield customers, is called MedSavvy. MedSavvy is an online portal, accessed via www.Regence.com, created by specially trained pharmacists who evaluate prescription medicines based on their efficacy, along with other factors, and assign each drug a report-card-style grade. These grades are combined with costs, safety information, and user reviews to provide employees all the information they need to talk to their doctor and make the best decisions. MedSavvy is also tied directly to your specific company benefit plan, so it provides employees with real-time information on costs and out-of-pocket expenditures on their prescriptions.
There are also many other tools to help get the most from your prescription drug benefits such as the website www.goodrx.com or www.rxsaver.com which provide pricing information for your medications at local pharmacies to help you determine the best place to fill your prescriptions.
Lastly, many people find that they can save both time and money by using a mail-order pharmacy to have a three-month supply of their prescription delivered directly to their home. Check with your insurance carrier to find out if they have a partnership with a mail-order pharmacy to make sure you’re making the most of your benefits.
Being aware of your options and the tools available to you is the first important step in getting the most out of your health care benefits and best utilizing your health care dollars.
The team at Capital Benefit Services is available to help your company find the best benefits to suit your budget and the needs of you and your employees. Please call our office at 425-641-8093 to learn more.
Disclaimer: This information is not intended to be a substitute for professional medical advice. Please seek the advice of a qualified medical professional before beginning or ending medical treatment or if you have questions regarding a medical condition.