Connect 360: Revolutionizing Prescription Savings

Connect 360 redefines prescription drug savings for groups, offering a collection of innovative programs that significantly lower medication costs and ensure members access their needed medications with minimal to no co-payment. Our Connect 360 team is dedicated to evolving these solutions in line with current healthcare trends, enabling substantial savings across a broad spectrum of drugs, including specialty, high-cost traditional medications, and biosimilars.

With Connect 360, groups can achieve unparalleled financial savings while prioritizing member health, effectively blending care with cost efficiency.

Remarkable Savings

In the complex world of pharmacy benefits management, achieving cost-efficiency while maintaining quality service is a critical goal for many organizations. SmithRx's Connect 360 emerges as a practical solution in addressing these challenges. It introduces a straightforward pricing model, guarantees a return on investment, and streamlines service management without relying on external vendors.

• Flat fee: Connect 360 costs $4.00 per member, per month (PMPM) for all Connect programs; nothing more
• Guaranteed ROI: See at least 1.5x of your investment in Connect 360 after each year or receive a full refund of the difference
• In-house management: SmithRx proactively manages all services, eliminating the need for external vendors*

Impact Across the Healthcare Spectrum

Connect 360 offers comprehensive savings and simplicity across the board. Here's how it transforms the experience for brokers, employers, and members alike:

Maximizing Benefits for Brokers

Connect 360 introduces a game-changing model with a capped $4 per member, per month (PMPM) rate, streamlining financial planning and bolstering the value provided to client groups. This innovative approach demystifies the cost-saving process, allowing brokers to manage group savings more effectively and stand out in the competitive market.

Empowering Employers with Cost-Effective Solutions

For employers, the challenge of balancing healthcare benefits with fiscal responsibility has never been more acute. Connect 360 offers a pathway by reducing drug spend and ensuring access to the lowest cost options. By focusing on a member-first experience devoid of the complexities found in traditional PBM programs, SmithRx underscores the importance of simplicity and transparency.

Simplifying Access for Members

Through direct delivery of personalized savings options, members enjoy a seamless experience in obtaining their medications. Each prescription is not only cost-effective but also tailored to meet individual needs, ensuring that managing health through medications becomes a stress-free part of life.

Connect 360 Programs At-a-Glance

Our programs continuously adapt to align with the latest health trends, ensuring you receive the most current benefits and lowest cost options. Here's a glimpse of the savings you can anticipate for your SmithRx group.

Access Plus: Navigating access to high-cost specialty medications through advocacy programs; assistance with applications is provided when these drugs are not covered under the pharmacy benefit. 

Medical Pharmacy Management: Savings on high-cost infused specialty medications; assistance with qualification through advocacy programs and the facilitation of administration at home, local infusion centers, or doctors' offices for administration.

Access: Capturing manufacturer coupon savings on traditional and specialty medications. Members have a low or $0 copay on prescriptions while also helping groups save on pharmacy benefit costs.

Autoimmune: Utilization of lowest cost pathways and access to biosimilars to lower PMPM spend in the autoimmune specialty category of medications. This program has successfully saved employers over $8.5M annually by transitioning members from Humira to biosimilar, YUSIMRY.

Diabetes Non-Insulin (DNI): As diabetes spend increases, we transition members to the most affordable diabetes non-insulin medications. Our first low cost solution is Brenzavvy, a SGTL2 inhibitor, at Cost Plus Drugs.

Low Cost Insulin: The lowest cost insulin products on the market; typically a generic or biosimilar insulin, offering upfront savings to the health plan instead of having to wait for rebates. 

Assist: Assist works in the background and automatically finds the lowest price discount card at the pharmacy for members, eliminating the need for members to pre-shop and print coupons.

Mark Cuban Cost Plus Drugs: This partnership expands access to more affordable prescription drugs. Like SmithRx, Cost Plus Drugs is transparent and offers cost plus a straightforward 15% markup and flat fee. 

International Sourcing: In the event that international sourcing is the lowest cost option, if requested by groups, SmithRx can connect members with an independent sourcing company for access to low cost medications. 

Multiple Sclerosis (MS): The lowest cost Multiple Sclerosis products on the market through Cost Plus Drugs;  generics offer substantial upfront savings to the health plan. 

340B Referral Program (coming soon): In select geographic areas, SmithRx members can obtain expensive medications at a lower cost through the 340B Referral Program. 

^{*SmithRx offers the option to Connect 360 members with an independent, third-party international sourcing company. International Sourcing is not handled by SmithRx.}

Interested in learning more about Connect 360? We warmly invite you to reach out: sales@smithrx.com

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