How does TigerMeds save AU money on healthcare costs?
Auburn University owns and operates the AU Employee Pharmacy through the Auburn University Harrison School of Pharmacy. Because this pharmacy is owned by AU, the AU Employee Pharmacy can purchase medications on a special state government contract. This can result in a significant savings on medication costs for AU. So, the more employee and dependent prescriptions that are processed through the AU Employee Pharmacy, the more money AU will save on the AU medication bill. AU administration has agreed to pass most of this savings on to the employees by offering a financial incentive for employees and dependents to use the pharmacy by waiving the $10 co-pay for most Tier-1 generic medications. Therefore, AU is paying more of the medication bill if an employee chooses to use the AU Employee Pharmacy. This is possible due to the savings on the medication costs.
