TeleSaverRx – Bolt-On Chronic Care Support Program Via Telehealth

100% Bolt-On Chronic Care Support Program Via Telehealth

TeleSaverRx is a plug-and-play, chronic care support program offered by Southern Scripts. This proven and confirmed methodology can be easily added to almost any existing self-insured arrangement to improve medical outcomes and significantly lower pharmaceutical expense. TeleSaverRx is provided at no cost to the employee and is designed to be implemented with minimal administrative impact.

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A Value-Added Component To Your Prescription Benefit Plan

TeleSaverRx incorporates existing community health provider networks and their associated drug discounts to provide employees with improved care coordination and employers with better long-term claims results and substantially lower RX prices.

Guaranteed 20% Savings

Existing prescriptions remain in place and are now authorized under TeleSaverRx, where they are eligible for program associated 340B pricing discounts. This discount equates to a 20% savings to the employer health plan on all affected pharmaceuticals, in addition to any existing rebates or discounts.

No Program Cost

TeleSaverRx requires no capital investment and is provided at no ongoing cost to the employee.

Additional Care

TeleSaverRx provides employees with an additional level of care, not a replacement. Employees keep all their existing primary care and specialty physicians.

Plug & Play

TeleSaverRx plugs into the existing plan structure allowing the plan sponsor to keep its current health plan design and broker relationship. No vendor changes occur, no material modifications to the plan, and the program can start on any date.

To participate, patients have one annual Telehealth visit or video conference consultation. All scripts are sent through mail order with special handling and services.

Trends

Individuals managing chronic conditions represent 50% to 75% of total healthcare expenditures for most employers. In addition to the continuing rising costs of pharmaceuticals, patient identification and corresponding diagnoses have also increased. These factors contribute to an average pharmacy plan representing 25% to 35% of total healthcare costs.

On The Rise

Pharmacy represents 25% to 35% of the overall expense on healthcare and is expected to increase at a rate of 5% to 10% each year for the foreseeable future. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.

The Largest Driver Of Pharmacy Costs Are Specialty Medications

The bio-specialty drug category accounts for 35% to 55% of total pharmacy spend on average in the US and is expected to increase to 60% even though only 1% to 3% of Americans use specialty drugs. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.

The Cost of Managing a Chronic Condition

60% of Americans live with a chronic illness, and account for 91% of all prescriptions filled. In addition, health care coverage costs for individuals managing a chronic condition is 5X higher than those without a condition. Specialty drug spend is expected to see more than a 3% price inflation in the upcoming years.

Telehealth Expansion

At the time of the COVID-19 outbreak, the use of telehealth services was expected to grow by 80% in 2020 alone and forecasted to expand at a rate of 29% by 2025.

Patient Journey & Compliance

From communication to onboarding to covered service to prescription routing, Southern Scripts will provide guidance, support, and satisfaction for its clients and patients. TeleSaverRx closely follows established Health Resources & Services Administration (HRSA) Guidelines.

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See How TeleSaverRx Brings Value And Savings To Your Plan

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Frequently Asked Questions For Employers

Are My Prescription Drug Benefits Changing?

TeleSaverRx does not impact your existing prescription drug plan; it is merely an enhancement to your current plan.

Will I Have To Change Physicians Or Find A New Specialist?

No. One of the great features of TeleSaverRx is that your relationship with your current physician or specialist does not change.

When Will The Plan Receive The Savings?

The savings are immediate. The plan will receive the reduced cost of the pharmaceutical when the prescription is filled.

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Download the FAQ Guide

We provide employers with a FAQ Guide before onboarding to ensure a positive patient experience.

Clinical Network

States that are contracted to utilize TeleSaverRx are highlighted blue. Don’t see your state? Contact us below for details.

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Contact Southern Scripts

In an ongoing effort to bring our clients the most cost-effective source for prescription medications, we allow the plan sponsor complete autonomy to source high-cost medications through a variety of market-leading providers. For a step-by-step walkthrough and pricing inquiries, please use the contact form below.