News & Insights

Study: The right pharmacy strategy can lower medical cost growth

By Sep 22, 2026September 23rd, 2026Innovation Pharmacy
Happy pharmacist selling prescription medicine to a client at a drugstore - healthcare and medicine concepts

A recent study quantified the value of integrated health benefits

The proof is in the total cost of care

For years, Independence Blue Cross (IBX) has helped employers see the bigger value behind integrated medical and pharmacy benefits. Now, a peer-reviewed study puts numbers behind that story, and it shows how a connected benefits strategy helps employers manage medical cost growth, identify member risks earlier, and unlock greater value across the full benefits experience.

A chart: Integrated benefits unlock efficiencies and savings: - 7.5% lower medical cost growth - $32 saved per member per month - $39 saved per member per month for those with select common chronic conditions The costliest care sees the biggest impact: - 13.5% lower inpatient spend - 4.7% lower emergency department spend An enhanced care management program multiplies opportunities for care and savings: - 11% greater likelihood of Registered Nurse Health Coach outreach - +$7 additional saved per member per month ($39 PMPM)

The opportunity is not simply lower pharmacy spend. It is a smarter, more connected approach to total cost of care, one that turns data into action. With a more complete view of member health, we can better identify who may need support and outreach before concerns become more complex — or more costly. Read the full study.

IBX Insights Team

The IBX Insights Team is here to provide tips on using your health insurance and living a healthy life.