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With the tightening financial crisis impacting every level of government, from the smallest municipality to the largest federal agency, the need for cost savings has never been more crucial. Health care costs are projected to become 21% of the GDP and prescription benefits have the largest impact on any budget. TRUVERIS can reduce current prescription costs for state or federal programs, while ensuring future expenditures remain under control.
Local
Health care costs are not only a concern for the federal government, but also impact every city and county across America. TRUVERIS can control prescription costs by preventing overcharges, duplicate claims, and ensuring the lowest prices. With a pay-per-claim service, TRUVERIS is a cost effective solution for even the smallest township.
State
Before state legislatures are forced to cut key programs or a governor faces the specter of bankruptcy, TRUVERIS can generate millions of dollars of savings from existing budgets. Unverified prescription claims cost states millions each year, but through TRUVERIS drug cost containment and fiscal savings can be realized in hours.
Federal
There are over 12 million current and retired federal employees receiving benefits, creating an estimated 117 million prescriptions annually. In addition, the federal government’s obligation to Medicare Part-D creates a trillion dollar liability in prescription costs. With fraud and pricing inaccuracies compounding budgetary concerns, only TRUVERIS has the technology to accurately validate each and every prescription claim to control costs.
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