2340 Detroit Ave, 3rd Floor Maumee, OH 43537 | Phone: 419-535-5502

Employer Strategies for Managing Prescription Drug Costs | Ohio Benefit Advisors

Modern medicines have resulted in longer, more productive lives for many of us. Prescription drugs soothe sore muscles after a strenuous workout or manage the conditions of a chronic disease. Unfortunately, this use of prescriptions drugs can come with a hefty price tag. Americans are spending more money on prescription drugs than ever before and … Continued

Prescription Drug Copay Trends | Ohio Employee Benefits

UBA’s Special Report – Trends in Prescription Drug Benefits explores our Health Plan Survey findings in more detail, particularly examining what’s happening with prescription drug plan design among different group sizes, regions and industries. When it comes to copay amounts, median retail prescription drug copays are $10/$30 for two-tier plans, $10/$35/$55 for three-tier plans, and … Continued

Which Employers Are Incentivizing Generic Drugs Over Brand Name? | Ohio Employee Benefits

According to UBA’s new Special Report – Trends in Prescription Drug Benefits, 61.8% of plans required employees to pay more when they elect brand-name drugs over an available generic drug (a 5.5% increase from 2014); 37.9% of those plans require the added cost even if the physician notes “dispense as written.” On the other hand, … Continued

Why Generic Drugs Can Be The Better Choice

See what kind of strategies employers use to control pharmacy costs and how much a difference they can make on your bottom line.

The Rise of Four-Tier Drug Plans and Prescription Copays

Remember when you used to pay a $15 copay for prescription drugs and that was the end of the story? Those days are quickly disappearing and in their place is a complex four-tiered prescription drug plan, with copays becoming less of an option for many.

Employees Seeking Walk-In Pharmacies

Mail-order pharmacy programs promise savings and convenience for employees, but some workers are starting to miss the face-to-face time with their local pharmacist, a new report suggests.

Five tips for saving on prescription drugs

Failing to comparison shop could result in overpaying by as much as $100 a month.

Drug Jump

Prescription drugs continue to increase at more than six times the rate of inflation. Read more…

Companies Look to Pharmacy Benefits for Savings

More prescription drug plans are shifting to a “value-based” model.

Top