Are your prescription drug costs out of control?
We're all feeling the pinch from the skyrocketing prescription drug costs — costs that have more than doubled in the last 5 years. With spending for prescription drugs projected to increase by up to 11% annually between 2006 and 2010, Trion has been working on a way to relieve some of the pain for its clients — TrionRx™.
Developed in partnership with SystemEd™, a business unit of Medco Health Solutions, Inc., the TrionRx™ coalition is a collective arrangement that allows the members of the coalition to use their combined purchasing power to secure highly competitive prescription drug pricing — while still retaining autonomy and control over their own benefit plan structures, financing arrangements, and contracting terms.
What's the bottom line?
Members of the coalition save an average of 5%-7% percent in total prescription drug costs with additional ongoing savings that are achievable through longer-term cost, trend management and built-in savings escalators as the consortium grows. The more companies that join the coalition, the more powerful TrionRx™ becomes.
Is the TrionRx™ coalition right for you?
The TrionRx™ coalition is geared toward employers that have 500 or more drug plan eligible employees and retirees.
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