{"id":14617,"date":"2025-01-10T09:30:00","date_gmt":"2025-01-10T15:30:00","guid":{"rendered":"https:\/\/www.premisehealth.com\/?p=14617"},"modified":"2025-01-17T08:39:17","modified_gmt":"2025-01-17T14:39:17","slug":"how-an-onsite-pharmacy-can-enhance-your-benefits-strategy","status":"publish","type":"post","link":"https:\/\/www.premisehealth.com\/resources\/blog\/how-an-onsite-pharmacy-can-enhance-your-benefits-strategy\/","title":{"rendered":"How an Onsite Pharmacy Can Enhance Your Benefits Strategy"},"content":{"rendered":"<!-- Divider -->\n<hr class=\"block--divider\" style=\"border: none; height: 1px; margin-bottom: 0; margin-top: -125px; background: transparent \">\n<!-- Divider end-->\n<section class=\"block block--freeform\"><div class=\"container\">\n\n<p><span data-contrast=\"auto\">If you\u2019re a benefits leader for your organization, you may feel like you\u2019re walking a fine line when it comes to making decisions for your population. You have to balance providing high-value benefits at low costs and staying compliant with federal regulations, all while remaining competitive in talent recruitment and retention.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">When you\u2019re trying to juggle all of those things \u2013 productivity, transparency, quality, satisfaction, and value \u2013 medication spend and pharmacy experience become top-of-mind challenges for leaders. As drug prices rise, retail pharmacy locations close, and wait times lengthen, <\/span><a href=\"https:\/\/www.jdpower.com\/sites\/default\/files\/file\/2024-07\/2024074%20U.S.%20Pharmacy.pdf\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">satisfaction with traditional pharmacy experiences declines.<\/span><\/a><span data-contrast=\"auto\"> And when people go out of their way to avoid the pharmacy, they don\u2019t pick up and take their medications, and they struggle to improve their health.\u00a0\u00a0\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Luckily, you aren\u2019t out of options when it comes to building better benefits, especially when it comes to pharmacy.\u00a0 More than just a convenience, onsite pharmacies offer a range of benefits that can make a significant impact on both employees and the organization\u2019s bottom line.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"2\"><span data-contrast=\"none\">The Value of Onsite Pharmacy for Employees<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:40,&quot;335559739&quot;:0}\">\u00a0<\/span><\/h2>\n<p><a href=\"https:\/\/www.premisehealth.com\/types-of-care\/pharmacy\/\"><span data-contrast=\"none\">Onsite pharmacies<\/span><\/a><span data-contrast=\"auto\"> are built on or near an organization\u2019s campus and are sponsored by an employer to exclusively serve their workforce and dependents. They can include the \u201cpick-up\u201d counter many of us picture when we think about a pharmacy, but they are also staffed with expert pharmacists who can work one-on-one with members to address questions and offer coaching to promote proper medication usage and chronic condition management.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Because they only serve employees and their dependents, onsite pharmacies see less of the friction common in chain pharmacies, and can prioritize the tenants of a <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/blog\/dedicated-pharmacists-the-frontline-champion-for-a-better-member-experience\/\"><span data-contrast=\"none\">better member experience<\/span><\/a><span data-contrast=\"auto\">, including:\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><b><span data-contrast=\"auto\">Quality:<\/span><\/b> <span data-contrast=\"auto\">Ensures accurate, timely medication delivery with personalized support, which drives better health outcomes.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Service:<\/span><\/b><span data-contrast=\"auto\"> Minimizes wait times and offers easy access to knowledgeable pharmacists for quick resolutions to member concerns.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">Cost:<\/span><\/b><span data-contrast=\"auto\"> Makes medications more affordable and accessible, helping prevent costly health complications.<\/span><\/li>\n<\/ul>\n<h2 aria-level=\"2\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-14620 aligncenter\" src=\"https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03.png\" alt=\"\" width=\"2709\" height=\"990\" srcset=\"https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03.png 2709w, https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03-300x110.png 300w, https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03-1024x374.png 1024w, https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03-768x281.png 768w, https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03-1536x561.png 1536w, https:\/\/www.premisehealth.com\/wp-content\/uploads\/2025\/01\/OnsitePharmacy_Graphic1-03-2048x748.png 2048w\" sizes=\"(max-width: 2709px) 100vw, 2709px\" \/><\/h2>\n<h2 aria-level=\"2\"><span data-contrast=\"none\">The Value of Pharmacy for Benefits Leaders<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:40,&quot;335559739&quot;:0}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\">But the advantage of having an onsite pharmacy doesn\u2019t stop with members. In addition to saving employees and their families time and money, adding an onsite pharmacy to an organization\u2019s benefits strategy creates a better experience for benefits leaders by making it easier to align all of your top priorities into one single strategy. Here\u2019s how.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\"><strong>Cost-effective care<\/strong>\u00a0<\/span><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:40,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Onsite pharmacies can significantly reduce overall healthcare costs for employers, especially when part of an <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/blog\/unlocking-better-health-the-power-of-advanced-primary-care-for-employers\/\"><span data-contrast=\"none\">advanced primary care model.<\/span><\/a><span data-contrast=\"auto\"> It makes sense \u2013 if members can\u2019t access regular consultations and medications, they face emergency room visits and hospitalizations that can cost hundreds, if not thousands, of dollars. In fact, a <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/success-stories\/new-study-finds-advanced-primary-care-with-premise-health-saves-employers-and-unions-30-on-total-healthcare-costs-for-attributed-members\/\"><span data-contrast=\"none\">Premise Health study across 26 employers<\/span><\/a><span data-contrast=\"auto\"> found that paired <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/blog\/where-prescriptions-meet-prevention-transforming-your-bottom-line-with-integrated-pharmacy-and-primary-care\/\"><span data-contrast=\"none\">pharmacy and primary care services<\/span><\/a><span data-contrast=\"auto\"> resulted in $5,135 savings per member, per year on average. That\u2019s over twice the $2,434 in savings clients saw with primary care alone, showing just how effective pharmacy access is in maintaining employee health and controlling healthcare expenses.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p aria-level=\"3\"><strong>Strategic guidance\u00a0<\/strong><\/p>\n<p><span data-contrast=\"auto\">Legally, employers have a fiduciary responsibility to ensure the benefits they offer are reasonably priced and in the best interest of their people. This can be especially important when it comes to the cost of medications, which can be inflated <\/span><a href=\"https:\/\/www.health.harvard.edu\/blog\/why-do-your-prescription-drugs-cost-so-much-202401183007\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">by fees and incentives from pharmacy benefits managers (PBMs), cost-sharing models<\/span><\/a><span data-contrast=\"auto\">, and <\/span><a href=\"https:\/\/www.uspharmacist.com\/article\/understanding-drug-pricing\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">markups<\/span><\/a><span data-contrast=\"auto\">, resulting in higher spend for workers and their organizations. When these inflated costs affect crucial medications, it\u2019s employees\u2019 health that suffers.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Onsite pharmacies can help keep these costs in check and decrease risk for employers by offering strategic guidance around the benefits plan. Established onsite pharmacy partners offer support via expertise from field-trained leadership teams who collaborate closely with employers. These pharmacy experts \u2013 alongside the pharmacists interacting with members on a day-to-day basis &#8211; offer actionable insights to inform benefit design, including cost-effective alternatives to expensive brand-name medications, formulary optimization, and adherence strategies tailored to the workforce.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><strong>Transparent reporting<\/strong><span data-ccp-props=\"{&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;335559738&quot;:40,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Onsite pharmacies also give employers a unique look into prescription trends, medication adherence, and health outcomes that aren\u2019t available through traditional retail pharmacies. Such reporting tools allow for real-time monitoring and benchmarking. This ensures that pharmacy services not only stay cost-effective but are also aligned with an organization\u2019s broader health objectives and its duty to provide valuable benefits for employees. For example, when an employer can track medication adherence rates amongst people with <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/blog\/revolutionizing-chronic-condition-management-with-onsite-and-nearsite-pharmacies\/\"><span data-contrast=\"none\">chronic conditions<\/span><\/a><span data-contrast=\"auto\">, they can better project increases and decreases in costly hospital and urgent care visits for these same conditions and tailor solutions accordingly.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Emphasizing transparency through reporting makes it easier for employers to collaborate with their benefits partners, reinforces their commitment to employee well-being and fiscal responsibility, and supports strategic planning as they work to optimize health benefits for their people.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<hr \/>\n<p><span data-contrast=\"auto\">Onsite pharmacies are more than a modern convenience; they\u2019re a strategic asset in enhancing health benefits for your people. By focusing on quality, service, and affordability, these pharmacies not only improve health outcomes but can also help you become a better steward of your people\u2019s health and wellbeing.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Ready to elevate your benefits strategy? <\/span><a href=\"https:\/\/www.premisehealth.com\/resources\/success-stories\/how-southwire-saved-over-1600-pmpy-through-pharmacy-and-primary-care-integration\/\"><span data-contrast=\"none\">See how one company saved $1,600 per member per year<\/span><\/a><span data-contrast=\"auto\"> and helped their people regain control over their chronic conditions with integrated pharmacy and primary care, or <\/span><a href=\"https:\/\/premisehealth.com\/contact-us\/\"><span data-contrast=\"none\">g<\/span><\/a><a href=\"https:\/\/premisehealth.com\/contact-us\/\"><span data-contrast=\"none\">et in touch<\/span><\/a><span data-contrast=\"auto\"> to take your first step towards a happier, <span class=\"TextRun SCXW250310237 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW250310237 BCX0\">healthier<\/span><span class=\"NormalTextRun SCXW250310237 BCX0\"> workforce<\/span><span class=\"NormalTextRun SCXW250310237 BCX0\"> today<\/span><span class=\"NormalTextRun SCXW250310237 BCX0\">.<\/span><\/span><span class=\"EOP SCXW250310237 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/span><\/p>\n\n<\/div><\/section><!-- Divider -->\n<hr class=\"block--divider\" style=\"border: none; height: 1px; margin-bottom: -100px; margin-top: 0; background: transparent \">\n<!-- Divider end-->\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re a benefits leader for your organization, you may feel like you\u2019re walking a fine line when it comes to making decisions for your population. You have to balance providing high-value benefits at low costs and staying compliant with federal regulations, all while remaining competitive in talent recruitment and retention.\u00a0 When you\u2019re trying to [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":14618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"5321,12601,12595,11923,11587,14580","_relevanssi_noindex_reason":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[9],"tags":[],"class_list":["post-14617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - 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