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Flex 2002 News:
Significant Changes to Merck’s Prescription Drug Program:
Fast Facts
Fast Facts
- According to Merck-Medco, from 1995 to 1999 the prescription
drug costs in the U.S. more than doubled—and current spending
is estimated to double again over the next five years.
- When it comes to prescriptions for employees (and dependents) covered under Merck’s Medical Plan, Merck-brand drugs account for approximately 18% of the prescriptions and
28% of the net costs.
- In terms of cost-savings and convenience, Merck-Medco’s Home Delivery Pharmacy service (available by mail and online) can’t be beat—however, Merck’s own employees consistently overlook the benefits of this service. Here are two facts to consider:
- Because Merck-Medco is a subsidiary of Merck, when our employees use the Home Delivery Pharmacy service, it’s a win-win situation—because employees pay less for more medication and Merck supports the value of Medco’s business while spending less for prescription drug benefits.
- Approximately 50% of Merck’s active U.S.-based employees and dependents have received a prescription for a maintenance medication (to manage a chronic condition). Many of these individuals can benefit directly by using Merck-Medco’s Home Delivery Pharmacy service to order (by mail or online) up to a 90-day supply of any non-Merck brand drug for a single $12 copayment—versus going to the pharmacy and spending the same $12 for a 30-day supply.
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Related Links
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2009 Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc., Whitehouse Station, N.J., U.S.A.
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