Pharmacy benefit negotiations as a service

Use publicly available pricing data from Cost Plus Drugs (Mark Cuban's company) to help large companies renegotiate their pharmacy formulary with PBMs or manufacturers. Companies spend about $1,000/year per employee on pharmacy benefits with ~30% markup; you can save them ~$100/employee/year and take a 20% cut of the savings. A company with 1,000 employees saves $100K/year, earning you $20K from a single client.

Startup Budget

Free to start

Difficulty

Advanced

Business Type

Hybrid

Location

Anywhere

Time Commitment

Full-time

Revenue Potential

$20000+/month

Skills Needed

negotiationpharmaceutical industry knowledgeB2B salesdata analysishealthcare benefits

Watch the Full Breakdown

Pharmacy benefit negotiations as a service — YouTube thumbnail

Watch on YouTube — Chris Koerner

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