Scripta Helps Health System Beat the National Average by 50%
Scripta Stops Soaring Healthcare Costs, Saving $13.5M for Aviation Giant
A Fortune 500 maker of luxury business jets engaged Scripta to analyze its complex pharmacy benefits data and help stop rising healthcare costs for both the company and its employees.
SCRIPTA SOLUTIONS
Member Savings Benefit
Scripta reviewed employees’ prescriptions to identify savings opportunities and provided them with Personalized Savings Reports with lower-priced drug options. On average, each employee saved $513 annually on prescriptions, while the company saved an average of $1,312 per enrolled employee.
Analytics & Insights
Scripta also provides a unique set of analytics and reporting with its Member Savings Benefit. When the company changed its PBM, Scripta’s insights helped the benefits leadership uncover a 20% increase in the price for one specialty drug that was incurred overnight. This allowed the client to have an informed discussion with their PBM that lead to a pricing correction, making the client a more knowledgeable buyer with a new and unique view into their spending.
SAVINGS REALIZED
Scripta Helps Health System Beat the National Average
by 50%
St. Joseph’s/Candler Health System, a top 100 integrated health system, had all the right resources with in-house pharmacists and a tuned-in HR department, but when Scripta’s free data analysis identified dramatic pharmacy benefits savings they weren’t capturing, they realized they needed Scripta.
SCRIPTA SOLUTIONS
Member Savings Benefit
Employees received Personalized Savings Reports identifying prescription savings opportunities to discuss with their doctors, giving their doctors unprecedented access to drug pricing. Collectively, employees saved $1.5M on prescription copays, putting money right back into their pockets and reducing some of the stress that comes with high deductible plans.
Analytics & Insights
Scripta’s data analysis, included in our Member Savings Benefit, helped to highlight that a single drug for one employee was costing $30,000 per fill. Our system immediately recommended a significantly lower-priced option that was just as safe and effective. Scripta’s staff of clinicians was able to help guide the employee through the information leading to a drug change. Ultimately, over the course of a five-year partnership, the combination of our Member Savings Benefit and our actionable insights helped the health system lower their costs significantly year over year—beating the national average prescription cost per insured family by nearly 50%.
SAVINGS REALIZED
One Scripta Insight Saves Company & Employee Nearly $20K in Months!
The Phia Group, an experienced provider of healthcare cost containment techniques, partnered with Scripta to contain their own pharmacy benefits spend. Scripta’s doctors & pharmacists identified that one member was taking a brand name drug that was costing both the employee and the plan big time. The single insight and a simple Rx switch resulted in nearly $20k in total savings, in just a few months’ time.
SCRIPTA SOLUTIONS
Member Savings Benefit
Scripta provides monthly Personalized Savings Reports to Phia employees and their dependents as a member benefit on the company’s health plan.
During Q4 2019, Scripta sent the member a savings report showing that, using the Generic savings strategy, the member could switch from brand name drug Latuda to generic drug Aripiprazole, and save $50 out of pocket monthly.
The member received the report, registered within Scripta’s Member Portal, and by January 2020, made the suggested Rx switch—saving Phia $16,632 annually.
2020 plan design changes also decreased the member’s copay from $250 (non-preferred brand) to $0 (generic) for a 30-day fill for even greater savings, putting $3,000 a year back into the employee’s pocket.
SAVINGS REALIZED
