Deliver Value
Lowest-Net-Cost Philosophy
In addition to sharing all rebates and discounts, we focus on formulary and drug mix as factors to reduce overall cost
When goals are aligned, great things can happen.
Formulary management and drug mix have a large impact on overall plan cost. It is important to ensure all formulary decisions are, first and foremost, clinically-sound. Our approach is anchored in this. When clients implement our lowest-net-cost philosophy, the result is a high-performance formulary that achieves clinical efficacy through lower-cost alternatives like generics or less expensive brand name drugs when appropriate. In comparison to other approaches, this creates a lower net wholesale price.
By lowering unit cost, drug cost directly decreases for plan sponsors. Navitus clients see per member per month (PMPM) savings compared to their prior trend.
