LBARx & BetterThanCOBRATM

What is LBARx?

Prescription drugs are responsible for more than 20% of total health plan costs. LBARx, our proprietary pharmacy program, helps clients significantly reduce spending. This program uncovers savings opportunities through drug manufacturers and their foundations and maintains easy and improved access to these medications.

Why LBARx?

  • Lower Pharmacy Spend:

    We craft strategies to go beyond cost savings and deliver sustainable, long-term solutions that are aligned with your goals.

  • Support for High-Cost Medications:

    LBARx helps lower the financial burden of specialty medications by providing guidance and resources for prescriptions that might otherwise “break the bank”.

  • Client-Centric Approach:

    Your goals are our priority. We take the time to understand your unique pharmacy needs. We deliver custom solutions designed to support your success with easy access and great service.

  • A Century of Trusted Service:

    LBA delivers expertise in insurance, administration, risk mitigation, compliance, and clinical support. We’re here to protect your interests every step of the way.

Why Are We Better Than COBRA™?

Better Than COBRA™ is designed to help employers manage their plan costs by offering an alternative to COBRA continuation coverage for terminated employees. Our dedicated Better Than COBRA™ team works directly with terminated employees to help them evaluate their options and determine whether COBRA or other coverage opportunities best meet their needs. We simplify the process and save our clients’ money.

Key Features:
  • Personalized Guidance:
    Upon termination, the program initiates contact with the former employee to explain their COBRA rights and assist with available options.
  • COBRA Education + Comparison:
    The employee is given a side-by-side comparison showing potential savings with other options.
  • Digital and Phone-Based Enrollment:
    Easy, guided enrollment into available options with follow-up support to ensure coverage is active.
  • Reporting & Compliance Support:
    Employers receive detailed reporting on engagement and outcomes, along with support to ensure ACA and COBRA compliance.