pharmacy benefit management
Pharmacy benefits have become one of the most high-profile areas of employee health plans, from both an economic and a member desirability and satisfaction standpoint. What’s more, the pharmacy arena is highly complex, and many brokers do not have the time or special expertise needed to give their clients’ pharmacy benefits or pharmacy benefits managers (PBMs) the attention they need. Biggs Insurance Services is a rare exception.
Our Approach to Meeting Your Needs
We are partnered with a semi-exclusive pharmacy coalition which leverages the buying power of a nationwide network of employee benefits brokers. This coalition collectively represents over 300,000 members and since 2007 returned over $64 million in audited savings.
Our pharmacy coalition lets you compare your current pharmacy benefits manager (PBM) to a leading national PBM. Biggs Insurance Services can provide you with access to exclusive, extremely favorable terms for your pharmacy benefits, approximately 12-18% savings even with your same PBM.
The highlights of the program include zero dollar administrative fees, low dispensing fees, deep pharmacy discounts and aggressive rebates.