See why switching your fully insured prescription drug benefit to a fixed-rate insured program administered by Benecard is a good idea.

Client Profile
Collectively Bargained, Municipality with ~800 Employee Lives

Rx Benefit Profile
Carved-In, Fully Insured Program through Regional Medical Carrier, Population Enrolled in $3/10 and $5/15 R/M Copay

June 1, 2016 – May 31, 2017

Renewal Premium with Regional Medical Carrier
$6,395,914

Benecard’s Actual Program Costs
$5,148,564

Annualized Savings by Switching to Benecard
$1,247,350

June 1, 2017 – May 31, 2018

Benecard’s Renewal
Rate pass – ‘no change’

Return of Savings Credit 2016-2017
$1,100,300

2017-2018 Annualized Savings
$1,100,300

June 1, 2018 – May 31, 2019

Benecard’s Renewal
Rate pass – ‘no change’

Return of Savings Credit 2017-2018
$922,400

2018-2019 Annualized Savings
$922,400

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First Year
19.5%
Savings

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In 3 Years
$3.3m
Savings

Are you ready to save with Benecard?

Proposal Request