Driving Rx savings: The integration advantage

Five ways integrating Rx and medical can drive value for you and your employees

As pharmacy costs continue to rise — in large part due to the influx of high-cost drugs to treat chronic conditions, immunotherapy and oncology, and GLP-1s — employers are looking for ways to balance cost and care. This is where integrating pharmacy benefits with your medical benefits plan can add real value.

When pharmacy and medical benefits are integrated, both the health insurer and providers have a clearer view into a member’s health status and their whole-person health needs.

This gives you advantages such as:

1. Real-time comprehensive data: A complete and holistic view of your employees’ health and utilization to improve outcomes and provide a fully integrated member experience.
2. Lower overall costs: Better data sharing and coordinated care helps lower medical costs and enhances care quality, especially for members with chronic conditions.
3. Complete product solutions: Innovative product designs and programs that work across pharmacy and medical benefits to help manage rising drug costs.
4. A connected employee experience: Comprehensive care management and a streamlined experience — one ID card, single portal login, and unified messaging — that addresses all their health needs.
5. Easier benefits administration: Maximized value through simplified plan administration for you and your benefits team.

Learn more about how we can work together with you on an integrated medical and pharmacy program. Visit us at ibx.com/employers.