CORE CAPABILITY – PHARMACY / RETAIL OUT-OF-POCKET PRICING APPROACH
CORE CAPABILITY – PHARMACY / RETAIL OUT-OF-POCKET PRICING APPROACH
The Situation
A client needed to determine their pricing at pharmacy and wanted to understand the implications of different prices.
What Mind Machine did
We provided an analysis of top competitive products and patient out-of-pocket costs at pharmacy under varying types of coverage – high deductible health plan, coinsurance, copay, and cash to evaluate. Then we recommended pharmacy programs to lower out-of-pocket costs for patients until pharmacy benefit coverage with payers was secured.