The insight

The secret to saving you money lies in the management of traditional
– not specialty – medications.

When Shoppers Drug Mart was looking for ways to make its own drug plan sustainable, some of its pharmacists discovered the opportunity for savings from traditional drugs. This led to the creation of the HealthWATCH® drug program.

Traditional medications¹

98%
of claims

74%
of drug spend

Have many available options

They treat common conditions like

Heartburn

High blood pressure

Osteoporosis

Significant Savings for Traditional Drugs

The HealthWATCH® drug plan team compared costs for some higher-cost medications with equally effective but lower-cost options and realized there was an opportunity to realize significant savings.

Traditional drugs for common conditions2
Heartburn medication
drug cost2 $180.20
alternative
drug cost2
$24.03
estimated
savings2
87%
Blood pressure medication
drug cost2 $111.70
alternative
drug cost2
$31.44
estimated
savings2
72%
Osteoporosis medication
drug cost2 $151.96
alternative
drug cost2
$35.73
estimated
savings2
76%
Traditional drugs for common conditions2
Drug cost2
Alternative drug cost2
Estimated savings2
Heartburn medication
$180.20
$24.03
87%
Blood pressure medication
$111.70
$31.44
72%
Osteoporosis medication
$151.96
$35.73
76%

1. QuintilesiMS, Canadian Drugstore and Hospital Audit. YTD September 2017; Forecast Update 2017

2. Example for illustrative purposes only using publicly available Ontario Drug Benefit (ODB) data. Cost of a 90-day supply based on ODB Drug Benefit unit price. Does not include allowable markup. Pricing may not reflect what is charged by individual Loblaw and Shoppers Drug Mart pharmacies.

Our solution

We created a tiered plan that could help save you money and supports employees.

The HealthWATCH® drug plan can save you up to 10% on your drug plan costs.

Discover how