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Downfalls of Traditional Pharmaceutical Sampling Programs, Alternatives to Traditional Pharmaceutical Sampling Programs, Pharma Cards, Sampling Card, Discount Card, Reward Card, Co-Op Card, Prescription Card, Clinical Trial Card
 
Downfalls of Traditional Pharmaceutical Sampling Programs
 
$18 billion spent on pharmaceutical sampling programs each year. There is increasing dissatisfaction with the process and the results due to the following:
High personnel cost of sales detailing
Concerns over cost effectiveness
Difficult to measure
More difficult to control
Disliked by providers
 
Alternatives to Traditional Pharmaceutical Sampling Programs
 
In response to the increasing challenges associated with traditional sampling programs, innovative pharmaceutical brand mangers are experimenting with new alternatives. Everything from old fashioned coupons to rebates to custom designed plastic payment cards.
 
Maverick offers six different types of Pharma Cards to meet the needs of the pharmaceutical industry:
 
Sampling Card
Discount Card
Reward Card
Co-Op Card
Prescription Card
Clinical Trial Card
 
The Pharma Card is good up to the amount selected by the pharmaceutical company and is offered for the insured and uninsured. These cards also offer the following advantages:
 
Improve patient persistency High perceived value by patient
Support compliance requirements Multiple use cards to establish customer loyalty
Extensive reporting on activity and usage Opportunity to capture customer information
Option for ongoing relationship and multiple rewards Cost based pricing : you get 100% of breakage
Tracking and performance measurement Can use over and over again
Enhance and build brand image Easier for physician to administer
 
Insured Patients
This product is designed so the insurance company pays for a portion of the sample based on the patient's coverage. In most instance the pharmaceutical company will then assume responsibility for paying for the patient's co-pay amount.
 
Uninsured Patients
This product is designed so the pharmaceutical pays for all of the cost of the sample or the prescription.
 
Comparison of Sampling Alternative Programs
 
Type Cost Convenience Effectiveness
Coupons MED LO LO
Rebates HI LO LO
Vouchers MED MED MED
Savings Cards LO MED MED
Private Label Debit Cards MED HI HI
Branded Debit Cards MED HI HI