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They Saved $360,000 on Prescription Drug Costs

  • Wes Spencer
  • 2 days ago
  • 2 min read

A 250-employee company came to us facing a 20% increase in their healthcare spending. That kind of jump puts real pressure on a business. Instead of accepting it, they tried something different.


What Changed


The company was using a traditional fully insured plan. The numbers weren't working anymore. We sat down with them and mapped out a new approach.


The plan:


  • Switch to a self-funded arrangement

  • Focus on managing prescription drug costs

  • Use smarter purchasing strategies for medications


Seven months in:


  • $600,000 saved compared to their previous plan

  • Prescription drug costs dropped by $360,000


Those aren't small numbers. For a company this size, that kind of savings makes a real difference. And their costs remain stable today.


Why Your Business Should Care


Rising healthcare costs eat into your ability to invest elsewhere. Your employees feel it too through higher deductibles and bigger chunks from their paychecks. Whether you have 50 employees or 500, this affects your business.


How We Work


Most employees want to make good healthcare decisions. They need help though. Not a confusing portal or generic FAQ page. Actual help.


SymplCare provides that support. Your employees can reach out to our team (we call them Symplifiers) with questions about where to get care or what something will cost. We do the research and legwork.


Real examples:


  • Employee needs an MRI. Our team finds quality providers and shares cost information upfront.

  • Someone gets prescribed a new medication. We help them understand options and find ways to reduce costs.

  • Routine procedure is scheduled. We make sure they know what their plan covers before they go.


Better decisions lead to lower costs for everyone.


Something Has to Change


Your healthcare costs are going up every year. You're not alone in that. But you don't have to accept it as inevitable.


We build benefit plans that make sense for the business and for employees. Plans with lower or $0 deductibles. Plans where people can get answers when they need them. Plans that treat healthcare spending as something you can manage, not just react to.

Want to talk about your options? Reach out to our team and we'll walk through what this could mean for your company.

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