Elixir is built for today’s healthcare world. As a fully integrated pharmacy benefits and services company, we have the unique ability to design and deliver tailored programs that help health plans, labor groups, and employer populations of all sizes meet their cost, care, and quality of life goals.
Pharmacy Benefit Management
The cornerstone of our success as a PBM lies in our ability to go beyond basic benefit design and formulary management. We collaborate with our clients and partners to continuously implement new strategies that improve plan performance and elevate the member experience, year after year. Regardless of your pharmacy benefit management need or preferred contracting model, Elixir has options to fit.
Elixir offers a consultative, member-focused approach to pharmacy benefits that optimizes the full pharmacy care experience, offering:
- Transparent contract options from pass-through to traditional and a hybrid of both
- Tailored plan designs to meet your unique needs
- Proactive clinical programs that improve member outcomes and reduce the total cost of care
- Adaptable formulary options that balance clinical effectiveness, economic impact and member experience
- One of the industry’s largest pharmacy networks with configuration options that can increase savings and improve health outcomes
- A dynamic technology platform to quickly and accurately adapt to changes and provide comprehensive reporting
- An enhanced member experience that focuses on whole-being health
Through a genuine partnership, Elixir crafts solutions to cure the pharmacy benefits challenges of health plans, employers, unions and hospices.
Customizable network options help clients balance pharmacy access with the need to improve costs. With a robust national network that includes Rite Aid retail stores and most other chain and independent pharmacies, plus our best-in-class mail order and specialty services, members in all geographies are assured convenient, high quality pharmacy access.
Elixir Mail gives members a convenient, easy, and secure home delivery alternative to making visits to their local pharmacy. Members who have chronic conditions can renew their prescriptions online and receive them delivered free of charge. Dependent on plan design, members often save money by getting reduced copays for using mail order to receive longer (90 day) fills. Elixir offers convenient prescriber options to send prescriptions by mail, telephone, fax or e-prescribing.
Elixir Specialty helps people with rare and complex conditions that require specialized care and therapies. We support members, their families, and caregivers by providing education and support to manage their medication therapy. Our specialty patient financial assistance program help members and plan sponsors save money on increasingly costly specialty drugs.
Elixir contracts with more than 65,000 network pharmacies across the country. Our extensive network of contracted pharmacies includes all major pharmacy chains and most independent pharmacies.
Rite Aid Corporation is proud to be one of the nation’s leading drugstore chains. With approximately 2,500 stores in 19 states, we have a strong presence on both the East and West coasts, employing more than 51,000 associates.
Prescription Discount Savings Programs
For plan sponsors that want to provide their members more ways to save, Elixir Savings offers a discount savings program that can easily be "wrapped” into the plan’s current benefit design and help members save on off-formulary medicines. For anyone that is either under-insured or uninsured, Elixir provides a simple way to get discounts on a variety of drug types, including brand name prescriptions.
Fertility Rx Savings
Elixir provides access to lower cost fertility drugs for individuals looking to start a family. We have helped over 300,000 members reduce their cost to go through fertility treatment.
Medicare Part D Programs
Elixir Insurance provides Medicare Part D plans to nearly 1 million members throughout the United States. Beyond individual Part D plans, we also have the ability to offer our PBM clients Employer Group Waiver Plans (EGWP) and even fully insured products that place all of the utilization risk on Elixir, for a fixed premium amount.
Clinical Care & Member Engagement
Elixir offers a collection of programs and tools that help members make more clinically sound, cost effective care choices. We mine quantitative data and qualitative research to better understand member behaviors and improve the effectiveness of our clinical programs, formulary strategies, plan designs, member communications and distribution channels.Elixir helps our clients achieve savings through clinically sound programs that drive behavioral change without compromising member satisfaction.