You’ve Got Drugs! James M. Dowden May 2008
Current Environment
Research Question Why haven’t more Company X Medicare plan members signed up for the Rx Preferred Mail Pharmacy service benefit?
Methodology Telephone Survey Asked 300 current members Has used a retail pharmacy Has not used the mail service
Key Questions Are you aware of the preferred mail service benefit? YES 80% are aware
Key Questions How did you hear about the Preferred Mail Service? #1 – Mailings from Company X #2 – Company X Customer Service Reps #3 – Friends and Family Members
Key Questions Are you aware of the Generic Drug Savings benefit? 47% - YES 53% - NO
Key Questions Are you aware of the Brand Name Savings benefit? 30% - YES 64% - NO
Key Questions Are you aware of the Plan Call Doctor for New Rx benefit? 30% - YES 64% - NO
Key Questions Is saving $45-$65 per year on a prescription meaningful to you? 73% - YES
Key Questions Do you think using the mail order service helps keep premiums lower for everyone? 54% - YES
Key Questions What are your concerns in regard to the Preferred Mail Service? 63% - Not familiar with RxS 61% - Enjoy going to their local pharmacist 46% - Worried Prescription will get lost, stolen or damaged 42% - Worried about accuracy of prescriptions
Key Questions Why haven ’ t you signed up for the Preferred Mail Service program? #1 – Like going to the local pharmacy #2 – Don ’ t trust delivery in the mail #3 – Not convinced of cost savings
Key Questions Are you planning to sign up for the Preferred Mail Service program? 38% - No 36% - Yes 26% - Undecided
Key Findings Why haven’t more Company X Medicare plan members signed up for the Rx Preferred Mail Pharmacy service benefit? Awareness of the benefits is low Intent to sign up for the service is low They prefer going to the local pharmacy Not convinced of cost and service benefits
Recommendations Develop new direct mail pieces Show the individual benefits of the preferred mail service Personalize the communications Focus on cost and service
What We Did Created personalized direct mail pieces – Identified Member by name – Included actual drug need with actual cost savings – Played up quality service
What Happened In 3 Months Member participation level went from 6% to 18% since the changes in marketing materials
What’s Next By January 2010 our goal is have 50% participation
The End Questions?