Step #1 Population Information

Enter Number of Covered Employees

Enter Number of Additional Covered Members

Step #2 Medical Spend

Medical Spend

Enter Estimated Annual Medical Spend Per Covered Employee.

Step #3 Number of Covered Employees & Members Tested & Cost

YEAR ONE - Enter the % You Plan to Test

Note: Most companies initially test between 25 - 50%.

SUBSEQUENT YEARS - Enter the % You Plan to Test

Note: Most companies with open enrollment test 70% of the population in the first two years.

Employer one-time cost for the Pharmazam PGx Test

Calculate Savings

A 15% Annual Employee Turnover Rate is factored into the Projection.

A 4% Annual Inflation Increase on Medical Spend is factored into the Projection.

Gross
Cost
Net
Cumulative
Savings
Year One
4,000,000
2,990,000
1,010,000
0?
Year Two
8,000,000
2,990,000
1,010,000
0?
Year Three
12,000,000
2,990,000
5,010,000
0?
Year Four
16,000,000
2,990,000
9,010,000
0?
Year Five
20,000,000
2,990,000
13,010,000
0?
5 Year Net Medical Savings (0.00%)
40,000,000
2,990,000
33,010,000
0?


* References support that the wrong drugs and doses, skipped regimens and drug interactions costs the USA, including Self-Insured Businesses 16% of total annual medical spending (528b annually)    ☰ See Info



Medical Services and Pharmacy Savings Summary

The projection does not include additional savings associated with avoidable
rehabilitation costs, long-term care costs or non-medical costs (e.g., transportation or caregiving costs)


Projected 5-Year PGx Tested Member Medical Spending Employer Gross Savings Employer % Gross Savings Employer Net Savings Employer % Net Savings
0 0 0 0 0


Event Category 5-Year Projected Gross Savings 5-Year Projected Gross Savings % Projected PGx Tested Members Avoidable Annual Events
Physician Office Visits 0 0 0
Hospital Admission 0 0 0
Emergency Room Visits 0 0 0
Pharmacy 0 0  
Other Medical Savings 0 0  



Event Category 5-Year Projected PGx Member Events 5-Year Projected PGx Member Avoidable Events 5-Year Projected % PGx Member Avoidable Events
Physician Office Visits 0 0 0
Hospital Admission 0 0 0
Emergency Room Visits 0 0 0




Additional Projected Medical Savings Outside of the Projection

Costs associated with Long-Term-Care; estimated cost of $62,178 per incident

Costs associated with in-hospital adverse drug reactions

Costs associated to Death resulting from medication
Adverse Events, wrong medication, wrong dose, non-adherence

☰ See Info


Additional 5-Year Medical Spend Savings
Estimate Outside of the Projection: $375,000
Workdays Saved: 0


☰ See Info




Most Importantly... Pharmazam's Personalized Real-Time Healthcare & Medication Management System Will Help:

SAVE LIVES, SAVE EVERYONE MONEY, & INCREASE THE QUALITY OF LIFE FOR ANYONE WHO USES IT!

  • Non-optimized medication therapy is estimated to result in 275,000 deaths per year.
  • The annual cost of drug-related morbidity and mortality resulting from non-optimized medication therapy from a third-party payer is estimated it to be $528.4 billion and is 16% of the total US health care expenditure ($3.2 trillion).
  • The estimate is greater than the direct medical costs reported for many prevalent chronic diseases such as heart disease and stroke ($230 billion), diagnosed diabetes ($197 billion), cancer ($187 billion), obesity ($147 billion), and arthritis and related conditions ($126 billion)—all reported here in 2016 dollars.

Click the button to the right to view more details from the Drug-Related Morbidity study.    ☰ See Info



Medical References