25% Employers can save up to 25% annually on drug costs
The Rx Collaborative is the largest pharmacy coalition in the U.S. with over $7B in drug costs.
Contact Us25% Employers can save up to 25% annually on drug costs
We represent over 428 employers with approximately $7 billion in drug spend and 5.3 million members. Our collective purchasing power and expertise enable us to provide you with financial savings, transparency in pricing, pharmacy benefit manager (PBM) oversight and innovative programs and services unsurpassed in today's marketplace.
The Rx Collaborative offers arrangements with four premier PBMs.
With our highly competitive deal terms and cutting-edge clinical and program management, you can achieve significant savings that will immediately impact your bottom line.
If your company has more than 1,000 employees and is eligible for a PBM contract renewal, contact us at RxCollaborative@wtwco.com for a free Rx Collaborative savings analysis. If your company has fewer than 1,000 employees, please visit our Attune Rx page.
Title | File Type | File Size |
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Rx Collaborative 2023 Annual Report to Employers | 4 MB | |
Rx Collaborative overview | .2 MB |
Delivering solutions and innovations to employers to meet market challenges and needs.
A PBM is an organization that manages pharmaceutical benefits for employers, managed care organizations or other medical providers. PBM activities may include all or some of the following:
A pharmacy carve-out pharmacy arrangement is when pharmacy benefits are separated from medical benefits and are managed outside of an organization’s primary medical health plan vendor. This approach is self-insured, and an employer works directly with a PBM to administer and manage the pharmacy benefits.
A pharmacy benefit group purchasing employer coalition leverages their members’ combined purchasing power to obtain maximum discounts from their PBM vendor partners for all its members. The group’s collective buying power far exceeds what any one company can generate on its own and can provide savings by being a part of the coalition. In addition, the combined size leads to better account management and services. What differentiates the Rx Collaborative in the market are the superior services and expertise available to its members.