The first issue with rebate guarantees is that the most significant rebates are associated with the highest cost drugs. So, while you’re receiving a sometimes-sizeable rebate, your plan is still paying more for a medication than it would have for a much less expensive alternative without a rebate.
The second issue is that set rebate guarantees generally mean that employers are not receiving the full rebate amount. Their pharmacy benefits manager (PBM) retains a portion for themselves.
MedBen Rx Advocate clients never have to worry about these tactics. Our clients know that the only guarantees offered from us is that the lowest net-cost medication is always promoted, and any paid rebate is passed back to them at 100%.
If you would like for MedBen Rx Advocate to investigate your pharmacy plan for potential savings, give us a call at 888-627-8683.