MMA Rx Solutions: A unique approach to pharmacy management

Prescription drug spend in the U.S. continues to rise at an all-time rate, and with pharmacy benefit costs representing nearly 20-25% of overall total healthcare costs, employers need new ways to manage their pharmacy program. To meet this need, Marsh & McLennan Agency developed MMA Rx Solutions, a proprietary approach that helps employers understand their pharmacy plan options while also maximizing bottom line savings.  The approach is three-pronged:

  • Pharmacy Contract Audit: Assessment of current contract to uncover areas of overspending and vulnerability
  • Tailored Solutions: Customized plan solutions based on audit findings to lower spend
  • Total Oversight: Ongoing management, review and strategy related to pharmacy plans to ensure performance and continued competitiveness

In the last two years, the MMA Rx Solutions approach has saved clients over $100 million in pharmacy spending.  Specific to hospitals, MMA Rx Solutions has collectively saved 20 hospitals $10 million and continues to manage their pharmacy strategy today with expertise in GPOs, 340B programs, steerage to in-house pharmacies, prescribing behaviors that drive plan cost and more. For more information on MMA Rx Solutions, contact Michael Worsman at (919) 433-2109 or at michael.worsman@marshmma.com. Learn more at https://www.mma-midatlantic.com.

Visit Us


North Carolina Healthcare Association

2400 Weston Parkway
Cary, NC 27513
Directions

Main: 919-677-2400
Fax: 919-677-4200

Contact Us