WellNet Prescribe is not your traditional Pharmacy Benefit Management service. We have transformed the pharmacy benefit from its typical role of gaining economies of scale in drug discounts and breadth of pharmacy network into a truly proactive health risk and cost management solution.
WellNet has achieved this transformation through its use of pharmacy claim data and how it is leveraged to target, engage, and manage in everything we do. By unlocking the power innately contained within the accuracy, timeliness, and predictive nature of the of this data we can identify at-risk employees or those contending with new health issues in near real time. Faster identification of adverse health risks allows our clients to engage members in a timelier manner, to provide support and guidance when it is most relevant and impactful, and most importantly gives them the opportunity to avoid a cost before it has occurred. And when we say costs, it is not restricted to pharmacy drug costs, this includes the total medical spend of a company, and this is where the true value of WellNet’s offering is realized.
Our pharmacy benefit of course includes the typical plan features of 65,000+ pharmacies, competitive discounts and rebates, and flexible plan designs but it’s WellNet’s integrated, real-time health risk modeling and analysis that enables our staff to partner and advise our clients on how to implement strategies to:
- Continuously monitor risks and predict future costs
- Target health issues specific to a company’s employees
- Manage already unhealthy members
- Engage and influence emerging risk members
- Improve compliance to less costly preventative therapies
By combining the most innovative plan and cost management solutions with our predictive modeling and member targeting engine, WellNet Prescribe is able to offer the greatest savings and cost avoidance strategies for the near and long term while protecting the health and well-being of the members.