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Prescription Drug Benefits | Fully Insured Plans | Forms

Self Funded Insurance Plans

THE PROBLEM: Insurance Carriers and administrators use the prescription drug portion of a medical benefits package as a major profit center, and often recommend that their clients should not "carve-out" or "un-bundle" the prescription drug benefits, ultimately at the client's expense.

THE SOLUTION:  The Millennium Administrators Self-Funded Prescription Drug Plan.  Millennium Healthcare Group's program offers mid-size companies (under 5,000 employees) the discounts that large companies enjoy, along with full-time consulting and customer service for clients and plan members.

Our solution saves money without reducing benefits:  we match the existing plans to minimize member disruption and to allow for a true plan-to-plan financial and service-related comparison.

Other benefits that our clients enjoy:

  • Dedicated Client Account Managers
  • Dedicated Customer Service Teams for each group
  • Live, domestic Customer Service Center where a human answers the phone during regular business hours
  • Courteous and knowledgeable customer service staff
  • Customized plan materials and benefit summaries
  • 58,000 pharmacies nationwide, including all major chains
  • In-depth analysis of data with recommendations to fix flaws in the plan and put the control back in the group's hands.

QUICK FACTS :

  • Prescription drug benefits can be unbundled from the medical benefit.
  • Millennium Healthcare Group's goal is to provide an efficient and effective Rx plan.
  • Millennium Healthcare Group removes the revenue streams that Carriers build into their plan costs.
  • For groups under 5,000 employees, Millennium Healthcare Group can save approximately 10% to 35% on the cost of prescription drugs.