Our self-insured clients, combined,
number over two million lives. They
have chosen us because they believe
their interests should come first.
They believe they should know the
actual cost of their Prescription plans.
WelladvisedRx was founded on a simple but revolutionary idea that a Pharmacy Benefit Manager (PBM) should operate for the sole benefit of the plan. Our partner PBM utilizes fiduciary standards, removes outside owners, outside interests and conflicts from the equation. Our success is only measured by your success.
Focus on the Plan
Our founders saw an industry need for an ethical and flexible manager of pharmacy benefits that would deliver transparency through revenue disclosures and partner with its clients as a full plan fiduciary. They dedicated the company to meeting the needs of clients caught in a rapidly changing industry, where their interests and those of their members were not being properly served. Low fees (a single administrative fee), fiduciary standards, and 100% transparency are at the core of our philosophy - and not just because they sound good. They're the foundation of our approach. So however you shape your plan, you can be sure that these principles run throughout everything we do.
WellAdvisedRx's mission is to help our self-insured clients meet their goals - to CONTROL THE COSTS OF PRESCRIPTIONS. Whether through our consultancy services or our partner brokers and consultants, we stand firm in our belief that all self-insured plans deserve to know that the amount they pay their PBM is the same amount that their PBM reimburses the pharmacy. That's why we pledge: to charge a single administrative fee, utilize fiduciary standards, eliminate all conflicts of interest, and return all manufacturer revenue, including rebates and all other manufacturer incentives, to the plan.
FREQUENTLY MISUNDERSTOOD TOPICS
AWP (Average Wholesale Price)
Collectives provide buying power: MORE
New PBM programs are returning revenue to self-insured plans