PRAM Inc.

Underwriter of Insured RX Plans;

PRAM Insurance Services, Inc.
PRAM is a leading Pharmacy Consulting & Underwriting firm. PRAM is the only National Registered Administrator (TPA) dedicated exclusively to providing full turnkey custom carve-out stand alone prescription administration and claims management services. Our team is uniquely qualified to support clients seeking to control pharmacy costs at all levels. PRAM’s success has come not only from its talented staff, but also from the years of experience gained in working as a Consultant and Plan Manager to many of the nation’s leading Insurance Companies, State & Local Government entities, Benefit Consultants, Pharmacy Benefit Managers, and clients from Main Street to Wall Street.
PRAM’s Services
» Turn-key Pharmacy Benefit Management Services at all levels as a nationally licensed TPA focusing exclusively on Pharmacy Plans
» Fully Insured custom carve out prescription drug card programs
» Aggregate Insurance Programs including Guaranteed Cost & Guaranteed Cost per claim
» Complete pharmacy financial plan management including Insured & Administrative Services Only (ASO) pharmacy programs.
» Contract compliance & PBM vendor management
» Underwriting & predictive modeling for benefit & budget support
» Tailored pharmacy audit services
» Full support in assuming risk for any number of pharmacy programs including specialty drugs
PRAM’s Clients

» Companies with a desire to control cost & manage their pharmacy spend
• Traditional Corporate Programs
• Trade & Professional Associations
• City, County & State Governments
• Insurance Companies & Reinsurance Companies
» Brokers & Consultants wishing to provide insured pharmacy plans & services for their clients
» Reinsurance companies seeking to provide risk arrangements for stop loss pharmacy exposure
» PBM’s wanting to expand their market and grow and maintain their insured clients
» Insurance companies seeking an MGU with a TPA license specializing exclusively in underwriting and administering their prescription drug card programs
» Clients seeking insured carve out programs including compliance and ad-hoc reporting