Population Wellness| Healthcare Benefits Savings Solutions by Luminus Diagnostics

Discover the healthcare financial benefits of population genomics


ensureHEALTH™

Prescriptions + Adversity    |         |  Therapy + Health

The cost of healthcare grew 4.4% over 2017 due to an escalating prescription healthcare environment. The estimated average annual growth rate is expected to be 5.5% from 2018 to 2027.  What does this mean for your company’s healthcare dollars and financial wellness?  Human Resources Benefits managers are tasked with finding ways to decrease costs or educate employees towards better health.  The financial solutions around saving healthcare dollars must be more suited for corporate wellness in today’s day and age.

Luminus Diagnostics has taken a personalized approach to work with companies to help reduce the costs surrounding prescription spend by ensuring that money is being spent on the right medications.

ADVANCES IN GENOMICS IN HEALTHCARE

The impact of genomic information and technology has the potential to improve healthcare outcomes, quality, and safety, and result in numerous cost savings.

These outcomes are directly dependent on optimizing the use of information technology in the healthcare system. Individual genetic makeup and variation inform the risk of disease; can be used as a screening tool; more precisely characterize health conditions; improve medication selection, including therapies that may be designed to target the underlying disease genomics; and inform management of symptoms.

http://fortune.com/2019/02/21/us-health-care-costs-2/

https://ghr.nlm.nih.gov/primer/genomicresearch/pharmacogenomics

WHAT’S INCLUDED IN THE ensureHEALTH™ PROGRAM?

ensureHEALTH™ is an employee health and wellness initiative and comprehensive medication management program — improving employee wellness and productivity, while decreasing overall healthcare costs.

  • The company has visibility and insights into the dangers and costs associated with
    employees getting their medications wrong
  • The employee is provided with health improvement actions to improve
    medication adherence and delivery of quality healthcare
  • A genetic test is offered only to those that will benefit the most from the program


Differentiator:
  The ensureHEALTH™ program is completely hands-off so that employees are comfortable speaking to healthcare professionals about their respective conditions.  The program is tailored to the company’s needs for their employees.  It takes into account the employee’s drug regimen, drug interactions, genetics, lifestyle and age.

Initial analysis: Provides an individual risk score to rank the population in order of who will benefit the most from the program. This helps to reduce healthcare costs providing the ability for both the doctor and a pharmacist to adjust the medication an at-risk patient may be taking.

KEY GOALS

  • Engaged Employees – Employees are missing work to manage issues related to
    medication and healthcare conditions either for themselves or a family member.
  • Genetic Testing – A one-time test to manage medications, reduce unnecessary side
    effects and increase health and wellness overall
  • Put Experts in the Forefront– Provides a pharmacist to deliver the comprehensive
    medication risk review and therapy options to doctors and support for regimen
    adherence to patients
  • Comprehensive Medication Risk Management – Lowers medical costs and
    decreases employee risk while increasing overall company health and well-being

COMPANY SOLUTIONS

  • Provides employers a way to help employees manage their prescriptions with their
    doctors to ensure prescriptions are being used in the best way possible
  • Provides a way for employees to manage their prescriptions easier for themselves
    and family members in one application, and to ensure they are getting the best
    prescriptions for their dollars out-of-pocket
  • Enables employees to maintain privacy of prescriptions used and social lifestyles that
    may impact their healthcare
  • Getting medications right means lowering costs associated with prescriptions and
    overall healthcare, increased employee health and increased employee engagement

WHY PHARMACOGENETICS?

Pharmacogenetics is the study of how genes affect a person’s response to drugs. This field combines pharmacology (the science of drugs) and genomics (the study of genes and their functions) to develop effective, safe medications that may be tailored to a person’s individual genetic makeup.

Many drugs that are currently available are “one size fits all,” but they don’t work the same way for everyone. Before pharmacogenetic testing, deciding which medication to prescribe effectively was difficult. Now it is possible to predict who will benefit from a medication, who will not respond at all, and who will experience negative side effects (called adverse drug reactions).

Adverse drug reactions are a significant cause of hospitalizations and deaths in the United States. With the knowledge gained from the Human Genome Project, researchers are learning how inherited differences in genes affect the body’s response to medications. These genetic differences will be used to predict whether a medication will be effective for a particular person and to help prevent adverse drug reactions.

Employers are using new ways to be able to reduce costs in a world of rising healthcare costs.  Participation in ensureHEALTH™ allows companies to take control of the prescription spend by ensuring employees are getting the right medications the healthcare program is paying for, based on their genetics.  Taking a personalized approach allows companies to not only reduce costs associated with prescription spend, but also allows the right medications, the first time. This lowers costs associated with adverse drug reactions associated with not taking the right medication or the right dose of medications.

For EMPLOYERS

For AGING POPULATIONS