2022 Drug Trend Report
Benefits of EpiphanyRx
EpiphanyRx, acquired by Navitus in 2021, is Navitus' in-house solution for self-insured employers with ~3000 lives or less. EpiphanyRx is a specialized division within Navitus.
- Through the acquisition, EpiphanyRx clients realized a $28 PMPM or 30% cost reduction, compared to projected pre-acquisition costs, by leveraging Navitus' purchasing power for discounts and rebates.
EpiphanyRx provides a standard suite of products designed to decrease costs and support a rich benefit offering for employers of this size, for example:
- One modular, cost-effective formulary with utilization management designed to drive results
- Strategies to lower member and plan cost on both traditional and specialty drugs
The value of EpiphanyRx is demonstrated by the following:
Consistent with the overall Navitus book of business, targeted immunomodulators (TIMs) and diabetes were two primary drug class cost drivers for specialty and non-specialty respectively. Programs to drive down costs for these two drug classes is a key focus for 2023 and 2024.
To learn more about EpiphanyRx, visit EpiphanyRx.com.
1Net total cost paid by plans and members minus manufacturer rebates.
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