highest quality medications… lowest possible cost
TRANSCRIPT
Pioneers of international group prescription services
Optional program wraps around current coverage
Highest standards for product sourcing, safety and service
CanaRx Advantage
All medications obtained through government regulated distribution systemsAll meds have specific I.D. #sMember receives meds in factory sealed packaging
Safety Measures Safety Measures
All pharmacies are accredited and inspected
Only issue refill/maintenance medications – no “New-to-You” drugs
U.S. prescribers’ licenses verified
Safety Measures Safety Measures
Comprehensive medical file assessment, including U.S. based Drug Utilization Review (DUR) through First DataBank of California
Safety Measures Safety Measures
Brand name drugs are supplied by the same company & often from only one factory globally
Patient education leaflets included with all orders
Safety Measures Safety Measures
Tier-One Drug PedigreeTier-One Drug Pedigree
Pharmaceutical Manufacturer
Wholesaler
Registered Licensed Pharmacy
Patient
U.S. PhysicianIssues prescriptions for
maintenance medications.
International PhysicianReviews file and
issues local prescriptions.
ClientCompletes enrollment form.
International PharmacyDispenses, packages and mails
medications directly to client.
Mail Order Flow Chart
MEDICATION NAME STRENGTH90-DAY
QUANTITY U.S. PBM
PRICE CANARX PRICE*
SAVINGS WITH CANARX
% SAVED WITH CANARX
NEXIUM 40MG 84 409.92$ 210.40$ 199.52$ 48.6%
LIPITOR 20MG 90 347.40$ 181.40$ 166.00$ 47.7%
LIPITOR 10MG 90 243.90$ 128.40$ 115.50$ 47.4%
SINGULAIR 10MG 84 306.60$ 198.40$ 108.20$ 35.2%
LIPITOR 40MG 90 347.40$ 202.40$ 145.00$ 41.7%
ADVAIR DISKUS 250MCG 180 540.00$ 219.40$ 320.60$ 59.3%
PLAVIX 75MG 84 410.76$ 194.40$ 216.36$ 52.6%
SPIRIVA 18MCG 90 504.90$ 240.40$ 264.50$ 52.4%
PREVACID SOLUTAB 30MG 120 589.20$ 92.40$ 496.80$ 84.3%
CRESTOR 10MG 90 315.00$ 146.40$ 168.60$ 53.5%
ZETIA 10MG 100 326.00$ 214.40$ 111.60$ 34.2%
CELEBREX 200MG 100 332.00$ 151.40$ 180.60$ 54.4%
CRESTOR 20MG 90 315.00$ 189.40$ 125.60$ 39.9%
TRICOR 145MG 90 325.80$ 174.40$ 151.40$ 46.5%
ADVAIR DISKUS 500MCG 180 709.20$ 310.40$ 398.80$ 56.2%
LIPITOR 80MG 90 347.40$ 210.40$ 137.00$ 39.4%
JANUVIA 100MG 100 566.00$ 328.40$ 237.60$ 42.0%
FOSAMAX (G) 70MG 12 220.56$ 167.40$ 53.16$ 24.1%
PROTONIX 40MG 100 415.00$ 105.40$ 309.60$ 74.6%
ADVAIR DISKUS 100MCG 180 433.80$ 194.40$ 239.40$ 55.2%
LEXAPRO (G) 10MG 90 254.70$ 123.40$ 131.30$ 51.6%
EFFEXOR XR 75MG 100 389.00$ 201.40$ 187.60$ 48.2%
ACTOS 30MG 90 595.80$ 261.40$ 334.40$ 56.1%
VALTREX (G) 500MG 126 759.78$ 609.40$ 150.38$ 19.8%
ACIPHEX 20MG 100 577.00$ 163.40$ 413.60$ 71.7%
TOTAL 10,582.12$ 5,219.00$ 5,363.12$ 50.7%
* The CanaRx price shown includes all costs to the plan. There are no further charges such as, electronic transaction fees or per member per month administration costs.
All medications are supplied through certified pharmacies in Canada, the United Kingdom, Australia and New Zealand (Tier-One countries).
CANARX GROUP INC.
TOP 25 MEDICATIONSJanuary 20, 2011
Covered Lives 7928CanaRx Eligible Members 4757 *Enrolled Members ** 875 ** (18.4%)* Estimated at 60% of Plan Enrollment
** Participation is based on previous 12 months
CurrentSince
Inception
Issued Prescriptions 2,230 41,994
Average U.S. Plan Cost 749,361.57$ 13,340,879.12$
Net CanaRx Billing 358,005.10$ 7,103,893.70$
Net Program Savings 391,356.47$ 6,236,985.42$
Savings 52.23% 46.75%
Employee Program Savings 33,675.00$ 8.60%
Net Group Savings 357,681.47$ 91.40%
Savings 391,356.47$ 100.00%
1,565,425.88$ Calculations are based on Current results
Current Savings
Projected Annual Savings
Summary Savings ReportInception Date: November 1, 2004
October 1, 2010 - December 31, 2010
FallRiverMeds Employee Program
Covered Lives 933CanaRx Eligible Members 560 * Enrolled Members ** 318 (56.7%)* Estimated at 60% of Covered Lives** Participation is based on previous 12 months
CurrentSince
Inception
Issued Prescriptions 773 10,851
Average U.S. Plan Cost 269,292.01$ 3,507,270.02$
CanaRx Billing 127,897.84$ 1,759,773.22$
Net Program Savings 141,394.17$ 1,747,496.80$
Savings 52.51% 49.82%
Employee Savings 30,920.00$ 21.87%
Group Savings 110,474.17$ 78.13%
Savings 141,394.17$ 100.00%
Projected Annual Savings 565,576.68$ Calculations are based on Current Results
Current Savings
Summary Savings ReportInception Date: June 1, 2006
October 1, 2010 - December 31, 2010
Employee Program
Covered Lives 3,057CanaRx Eligible Members 1,834 *Enrolled Members ** 1,055 (57.5%)* Estimated at 60% of Covered Lives** Participation is based on previous 12 months
CurrentSince
Inception
Issued Prescriptions 1,927 50,127
Average U.S. Plan Cost 737,418.84$ 16,557,619.04$
CanaRx Billing 348,223.95$ 8,811,621.75$
Net Program Savings 389,194.89$ 7,745,997.29$
Savings 52.78% 46.78%
Employee Savings 38,540.00$ 9.90%
Group Savings 350,654.89$ 90.10%
Savings 389,194.89$ 100.00%
1,556,779.56$ Calculations are based on Current Results
October 1, 2010 - December 31, 2010
Current Savings
Projected Annual Savings
Summary Savings ReportInception Date: December 1, 2004
Employee ProgramSchenectadyMeds
Monroe County School BoardMonroe County School Board
Top 100 Drugs (By Plan Cost)January 1, 2010 – July 31, 2010
Plan Paid CanaRx PriceAmount Saved with CanaRx
% Saved with CanaRx
$334,117.00 $169,901.30 $164,215.70 49.1%
Top 100 Summary:
50 Medications Available to the Program
50 Medications Not Available to the Program
The CanaRx price shown includes all costs to the plan. There are no further charges such as, electronic transaction fees or per member per month administration costs.
Potential Annualized Savings - $281,512.63
Member Benefits:
Ongoing open enrollment
Dedicated toll free telephone and fax numbers
Call Centre Customer Service RepresentativesMonday to Thursday, 8:30am-6:30pm EST/EDT
Friday, 8:30am-5:30pm EST/EDT
Saturday, 9:00am-5:30pm EST/EDT
Quarterly Call Centre contacts
Copay reimbursement policy
Certified manufacturers’ sealed package guarantee
Service & Launch Benefits
Plan Sponsor Benefits:
No administrative costs
No cost delivery interruption replacement
Customized ongoing reporting
Plan design and development assistance
Website designing and hosting
Seminars and enrollment presentations
Local servicing
Service & Launch Benefits
The CanaRx Difference The CanaRx Difference
Win/win member driven programReduced out of pocket to membersReduced drug cost to planPersonal service, lowest costSafe, simple & dependableFull launch & ongoing supportProfessional & product liability insurance
Restricted Formulary
U.S. Physician Verification
CanaRx Operating Systems
Mandatory U.S. Drug Utilization Review (DUR)
Tier One Country Sourcing
Government Certified Products
Manufacturers’ Sealed Containers
No Additional Costs
Plan Sponsor Benefits
Member Benefits
Safety Record Second-to-None
Why CanaRx!