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Reduced Pharmacy Costs by $500,000 in Just 6 Months

 
 
Case Study
With Cottingham & Butler's Innovative Approach
 

Nationwide Coverage Network

Expanded to national network, giving employees more provider choices at better rates

71% Reduction in Pharmacy Spend

$500,000

saved in 6 months — dropping monthly costs from $165 to $48 per-member per-month.

 
 

Strategic Benefits Enhancement

Reinvested savings into employee programs without increasing budget

 
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The Challenge

The Challenge

  • Benefit costs spiraling upward year after year

  • Specialty drug claims creating unsustainable cost surge

  • Previous provider's rigid plan design limiting options

  • Growth plans hindered by reactive benefits approach

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LOCATION

Minnesota

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SIZE

~280 Employees

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INDUSTRY

Commercial Truck Dealership

 
Our Approach

The Cottingham & Butler Approach

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In-Depth Analysis & Strategy Development

  • Utilized our exclusive Pharmacy Toolkit to collect and analyze claims data

  • Pinpointed cost drivers with thorough proprietary Guided Pharmacy Solutions (GPS) process

  • Benchmarked against industry standards to secure competitive edge

 
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Strategic Pharmacy Management

  • Developed a tailored strategy, recommending the optimal combination of ControlRX and NaviCareRx programs

  • Aggressive program management cut pharmacy costs by 71%, reducing per-member per-month (PMPM) spend from $165 to $48.

  • Projected YTD annual savings of ~$500,000

 
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Enhanced Clinical Oversight

  • Applied advanced drug management strategy, reducing specialty drug costs while protecting member access 

  • Maximized patient assistance programs to lower costs for both employer and members 

  • Delivered successful clinical oversight with minimal disruption to member care

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Network Optimization

  • Maximized carrier relationships to transform regional coverage into nationwide access 

  • Expanded access to care for employees, doubling provider options without increasing costs 

  • Improved employee satisfaction through broader provider choice and improved coverage for out-of-state care

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"Our collaboration with Cottingham & Butler has been transformative. Not only did we achieve substantial cost savings—nearly half a million dollars in just six months—but we've also significantly improved our employee benefits package." 

 

Rihm Kenworth

Contact

Could We Do the Same for Your Business? Contact Us!

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Looking for More Cost Saving Strategies?

We've compiled five of the most impactful considerations your company can make to save on health coverage costs while providing exceptional benefits plans for your employees.

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