Aphora Health - 3x3x3 Challenge with Reggie Faulkner
Aphora Health offers a bolt-on solution that helps self-insured employers cut specialty medication costs by 30-40% with $0 copays — all while ensuring seamless integration and top-tier support from dedicated Care Navigators. Lower costs, better care, zero hassle.
Transcript:
What is Aphora Health?
Aphora Health solves a major challenge for employers, making healthcare more affordable while meeting employee demands for better options. We're a bolt-on solution that targets 1 to 2% of health plan members whose specialty medications account for up to 50% of the total pharmacy costs. By leveraging supply chain efficiencies, we cut those costs by 30 to 40%, all while employees enjoy a $0 copay. Here is a real life example. We recently met with a broker, and their self-insured client who has about 475 employees, 14 of whom were on specialty medications. They now save $2.5 million per year by partnering with us.
How is Aphora Health different?
We help self-insured employers get the same brand name medications at lower costs, delivered directly to the employees with full tracking, no surprises. Aphora provides dedicated care navigators with years of patient care experience to give employees a concierge service throughout the whole process, and we stay with them throughout their entire care journey. We guarantee the product and pricing for employers and offer $0 copays to the employees. Plus, we're a seamless add-on service that employers can implement at any time, regardless of open enrollment to maximize savings and help employers fulfill their fiduciary duty to their employees. Now we're offering and launching a new software that allows brokers, consultants, and their customers to instantly format and analyze PBM data to uncover potential savings. We're offering early access to select applicants, and they'll get their first six months for free.
Who is a good fit for Aphora Health?
We're a great fit for brokers and consultants working with self-insured employers, especially with those with 100 or more employees. That said, we don't have a minimum. Just one plan member can yield meaningful savings. If employers looking to reduce pharmacy costs while offering employees $0 copays and maintaining the highest quality care and customer experience, Aphora Health is the right partner. We seamlessly integrate with existing plans at any time, making it easy to start saving immediately.
Transcript:
What is Aphora Health?
Aphora Health solves a major challenge for employers, making healthcare more affordable while meeting employee demands for better options. We're a bolt-on solution that targets 1 to 2% of health plan members whose specialty medications account for up to 50% of the total pharmacy costs. By leveraging supply chain efficiencies, we cut those costs by 30 to 40%, all while employees enjoy a $0 copay. Here is a real life example. We recently met with a broker, and their self-insured client who has about 475 employees, 14 of whom were on specialty medications. They now save $2.5 million per year by partnering with us.
How is Aphora Health different?
We help self-insured employers get the same brand name medications at lower costs, delivered directly to the employees with full tracking, no surprises. Aphora provides dedicated care navigators with years of patient care experience to give employees a concierge service throughout the whole process, and we stay with them throughout their entire care journey. We guarantee the product and pricing for employers and offer $0 copays to the employees. Plus, we're a seamless add-on service that employers can implement at any time, regardless of open enrollment to maximize savings and help employers fulfill their fiduciary duty to their employees. Now we're offering and launching a new software that allows brokers, consultants, and their customers to instantly format and analyze PBM data to uncover potential savings. We're offering early access to select applicants, and they'll get their first six months for free.
Who is a good fit for Aphora Health?
We're a great fit for brokers and consultants working with self-insured employers, especially with those with 100 or more employees. That said, we don't have a minimum. Just one plan member can yield meaningful savings. If employers looking to reduce pharmacy costs while offering employees $0 copays and maintaining the highest quality care and customer experience, Aphora Health is the right partner. We seamlessly integrate with existing plans at any time, making it easy to start saving immediately.