Our team of account executives have success identifying hidden revenue streams that save our clients millions of dollars.
RAM Benefits has made significant investments to obtain an in-depth understanding of pharmacy costs and prescription benefit managers (PBMs). Our experience in PBM contracts has uncovered numerous hidden revenue streams and yielded multiple millions of dollars in savings for our clients. Our strategy includes:
- Analyze Existing Rx Plan: We review existing Rx plans then design strategies to manage specialty drugs differently (carve outs, Rx help centers, etc.)
- RFP Process: We conduct a comprehensive RFP process to identify hidden revenue streams, encourage transparency, and lower employer/employee cost.
- Contract Analysis: We educate employers about the complexities of PBM contracts and carefully analyze the details to protect your interests.
- Monitor Rx Plan Performance: We closely monitor the Rx plan performance using cost analysis and trend data to report results and recommend corrective action.