1. Employee Advocate to Transfer Eligible Specialty and Brand Name RX Costs to Foundations, Grantors, Wealthy Individuals and Pharma Companies
HR Specialty Products & Services Catalogue Executive Summary
A No Frills Distillation of Vendor’s Marketing Collateral
Thomas A Ference
President & CEO
Human Resources Mining & Distribution Co
Locating, Validating and Accelerating HR  Innovation
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2. Employee Advocate-Driven Rx Cost Transfer Program
The cost of specialty and brand name Rx represents a significant % of the employer’s drug spend and can create a substantial out-of-pocket financial burden for employees
Since 2009, this leading prescription advocacy group has been helping employees and employers save money by shifting Rx cost to third party “programs”.
This works where the advocacy group coordinates with the individual plan members, one-by-one and their physicians to agree to seek program assistance
The advocacy group then makes application to the “programs” (i.e. US-based drug manufacturers, disease specific foundations, donors, associations, philanthropic organizations and grantors) to qualify the member for free or discounted medications

3. Employee Advocate-Driven Rx Cost Transfer Program
When advocacy is successful for the individual:
-the cost of the drug is removed from the employer’s plan and the Rx is no longer submitted to the PBM
-the plan member has no or comparatively little out of pocket cost
A high quality concierge style call center and robust employee communications support the program’s success
No amendment to the Benefit Plan is required when seeking advocacy
The employer cost is based on group size and typically consists of a flat monthly fee plus a PEPM
Clients range in size from F500 types to smaller employers

4. Rx Cost Transfer Specialty RX Cost Transfer Cost Retained
by Rx Benefit
Plan

5. Vendor’s Has Ability to Estimate ROI in Proposal
Had 100% of a LARGER SAMPLE COMPANY's participants had adopted the program, then based on past claims experience, the estimated total savings could have been:
Employer Savings $1,814,572.77
Employee Savings ,924.33
Total $1,939,497.10
The corresponding return on investment would have been $8.30 for each $1.00 spent on administrative fees.

6. Next Steps
This product/service is contained in the HR Specialty Products & Services Catalogue™
Operational level details about this particular service provider can be obtained in conference with the vendor
The HR Mining &Distribution Co. is an independent and contracted representative of the vendor
Upon your request, we will arrange for an introduction that can range from a simple, quick conference call to a services overview / system demo
Tom Ference (Chicagoland area) or
Thank you for your potential interest in this fresh thinking