MaxChoice Reference Price Program is a thoughtfully designed approach to prescription medication pricing. It significantly benefits both employers and employees by making use of the inherent variations in drug pricing caused by factors such as the drug's uniqueness, the investment made in its research and development, and its current patent protection status.
MaxChoice Reference Price Program zeroes in on specific categories of medications where there's an array of low-cost alternatives that are equally safe and effective across all products. The MaxChoice-designated product is assigned a drug-specific copay that enables savings for both the employee and the employer. If an employee opts for an alternative medication with a higher cost, the extra expense will be covered by them through the increased copay.
MaxChoice results in typical savings of 5% to 15% of overall plan cost.
MaxChoice serves as a strategic partner in managing your prescription drug costs without compromising on the quality of treatment. Our program ensures that the cost-effectiveness of medication does not compromise your employees' health outcomes.
We are committed to delivering unparalleled customer satisfaction by ensuring that our program offers significant savings, is easy to understand, and provides a wide range of choices to cater to the unique needs of each individual.
MaxChoice offers maximum protection against escalating prescription drug costs. Our program is designed to control costs without compromising on the quality of care.
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We deliver transparency, accountability, and customer service to help self-insured employers manage their pharmacy benefit.