EIGHTY FOUR, Pa., March 15, 2011 /PRNewswire/ — ARMSRx Pharmacy
Benefit Consulting, the nation’s leading Pharmacy Benefit
consulting firm, has consistently provided successful
recommendations for their clients.
On February 16th, ARMSRx presented results to one of their
premier clients, 84 Lumber. It was recommended and modeled by
ARMSRx last year, what potential savings opportunities were made
available by making some simple changes. The results speak
for themselves. “84 Lumber experienced a 0.1% trend with a
generic change increase of 8.7% from the previous year resulting in
close to half a million in annual savings alone,” cites Jennifer
Kingsley Wilson, CEO of ARMSRx.
“That is impressive,” comments Stephanie Cormier, VP of Account
Management at ARMSRx, who supports 84 Lumber, and concludes through
additional analysis “that with the employees getting used to the
idea of filling generics, the potential savings could be an
additional $350,000.”
Total plan costs were a negative -13.0% from the previous year
with an increase of Home Delivery use of 83.4%. Jeweleen
Hartzfeld of 84 Lumber notes that “we were cautious making changes;
ARMSRx helped us ensure our employees experienced ease of the Rx
benefit transition. We have been told our benefits are
rich and our employees are fortunate, most plans require a much
greater cost share from the employees. With creative
strategies introduced by ARMSRx, we’ve worked collaboratively;
we’ve made some great strides and we are pleased to say the
least.”
About 84 Lumber
84 Lumber Company is the nation’s leading privately held
building materials and services supplier to professional
contractors. The company encompasses 281 locations nationwide and
3,700 associates who provide one-on-one service to every customer,
ensuring an efficient and satisfying purchasing experience.
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