... A Different Kind of PBM

Costco is well known for its corporate philosophy of providing goods and services at the lowest net cost, this also extends to our approach to Pharmacy Benefit Management.



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Why Costco Health Solutions?

  • Costco Health Solutions is a true “Pass-Through” model PBM. Our sole compensation is an administrative fee with no additional charges. We take no spread on the resale of drugs and pass through 100% of all rebates and any other sources of revenue.
  • Full spectrum of clinical cost management programs are included in the standard pricing at no additional cost to our clients.
  • Access to Costco Wholesale pharmacies which are well known as the low cost source for prescription medications is encouraged but not required. No Costco membership is required to use Costco pharmacies.
  • One point of contact for implementation, account management, reporting and any plan administration.
  • Carefully developed strategies to minimize specialty drug expenses.
  • Clear, concise PBM contract.
  • All aspects of Costco Health Solutions are fully auditable at the plan sponsor's discretion.
 

 

 

 

 

 

Our Pricing Model

Costco Health Solutions is a true “Pass-Through” model PBM. Our sole compensation is an administrative fee with no additionalcharges. We take no spread on the resale of drugs and pass through100% of all rebates and any other sources of revenue. We also do not believe in "nickel and diming" our clients. Most all of our clinical programs are included in our standard administrative fee.
 

Pharmacy Network


Costco Health Solutions contracts with over 64,000 pharmacies nationwide including all major chains and most independents. Use of our over 550 US Costco warehouse pharmacy locations are encouraged because of our well known low prescription drug prices, but not required. Neither is a Costco membership required to use a Costco pharmacy. Clients also have total flexibility to customize the pharmacy network in order to generate additional savings to their benefit plan and members.

Pharmacy Locator
 

Implementation & account services

Costco is well know for its dedication to customer service. In line with that corporate philosophy, Costco Health Solutions has made it easier for its clients to work with us by designating one point of contact for implementation, account management, reporting and plan administration. We do not believe in clients having to figure out who to contact with a particular issue. The same person who implements your group will also serve as your account manager and ongoing point of contact for any of your needs from Costco Health Solutions. The responsibility for the satisfaction of your group starts and ends with your dedicated account manager.

 

What people have to say...

 
 
 
We’ve moved our PBM business a number of times searching for a solution to rising pharmacy benefit costs. We selected CHS because we viewed them as a partner in managing our pharmacy benefit program. Their fully transparent approach is real, our financial results validate it
~ Director of Benefits, West Coast employer
 
 
 
We are very thankful for COSTCO’s RX program and all the saving it has afforded our company. With the specialty savings added it has allowed us once again to offer stellar benefits to our employees. We have always known that COSTCO is a very reputable business but once again you have proven without a doubt you are the best! COSTCO RX delivered as promised

~ HR Manager, Midwest employer
 
 
 
This has been by far the easiest implementation from any of the other PBM's we work with this year. Account/Implementation team very organized and proactive on communication with call notes. Looking forward to working with Costco Health Solutions
~ Benefits broker
 

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