Challenge

• New Lockton client needed to meet tight budget numbers for 2018

Solution 

• Excelsior Solutions examined the PBM contract, and found that it was behind market norms
• Excelsior Solutions marketed the pharmacy program to evaluate other PBMs and pricing in the marketplace
• Excelsior Solutions found a pharmacy solution to reduce spend without having to change vendors or make changes to the plan design

Client Win

• Client will save $6.3M annually (23% of total pharmacy spend)