Pharmacy Cost Containment Solutions for CEA Membership
One of the advantages of CEA membership is the effective management of prescription drug costs, thanks to our collaboration with Health Insurance Solutions (HISI) as the trusted Pharmacy Benefits Administrator (PBA) and member of the CEA. HISI ensures top-tier performance in this crucial area. This PBA, provided at zero cost to the county, excels in evaluating, negotiating, overseeing, and monitoring self-funded pharmacy benefit programs, with a specific emphasis on countering exorbitant prices for specialty medications.
Albany County, NY, stands as a testament to the impact of this partnership, having secured savings exceeding $5.1 million. HISI, as the Pharmacy Benefits Administrator, is steadfast in its mission to:
- Providing best-in-class service
- Targeting specialty medication utilization to deliver significant savings.
- Eliminating cost-sharing for members
- Reducing overall specialty drug costs for employers
- Ensuring that employers save money while members obtain their medication at no cost.