Prescription Costs are Broken.
We're fixing them.
The Rx Save Card empowers employees to pay directly for their medications at over 65,000 pharmacies. This simple solution is the perfect companion to your existing pharmacy benefits, offering an additional way to save on prescriptions without having to change your Pharmacy Benefits Manager (PBM).
How the Rx Save Card Works
.01
Employer Funds
the Card
Each month, the employer funds a set amount on the Rx Save Card per employee. Unused funds will roll over, so the employer only replenishes what’s been spent.
.02
Employee Goes to Their Local Pharmacy
The Rx Save Card gives employees the power to find the lowest prices on their medications at over 65,000 pharmacies, including online programs like Mark Cuban Cost Plus Drugs.
.03
The Lowest Price
is Calculated
At the pharmacy counter, the Rx Save Card instantly compares the cash price from multiple discount cards, ensuring the lowest cost.
.04
Everybody Benefits
Employers get access to lower drug prices without changing their
Pharmacy Benefit Manager (PBM). Employees enjoy lower out-of-pocket costs.
"For low-cost common generic drugs, insurance coverage inevitably creates wasteful spending for patients, workers, employers and taxpayers."
Challenges in Existing Marketplace
- ERISA Compliance: When lower prices exist, employers have a Fiduciary obligation to access those prices for the Benefit Plan and for the employees.
- Limited Choice: Traditional pharmacy benefit plans often restrict consumer choice instead of encouraging competition.
- Opaque Pricing: Lack of transparency, with markups and fees that drive up the cost of certain medications for employers and employees.
Rx Save Card: The Solution
- Cash Price Savings: Employers leverage the lowest cash discount price for medications, saving 40% - 60% on many common prescriptions.
- Freedom of Choice: Employees can choose from over 65,000 pharmacies they prefer, whether in-person or online, giving them flexibility and convenience.
- Transparent Pricing: With the Rx Save Card, employers and employees pay the pharmacy directly, eliminating any PBM hidden fees or markups.
The Rx Save Card + Your PBM = The Complete Rx Benefits Package
Cash prices and discount card prices are often lower than what is available through traditional pharmacy contracts. The Rx Save Card allows your company to access these lower prices, saving money for your company and your employees, without having to change the structure of your current PBM.
Frequently Asked Questions
Employer’s can set the maximum amount they want available to employees on their card each month. A $25 monthly allowance would mean that most generic drugs are free for employees. Many drugs will cost less than $25, so the employer only needs to replenish employee accounts for the amount that was spent the previous month.
The Rx Save Card can be used at over 65,000 pharmacies, including all of the major drugstore chains, grocery stores, and many independent pharmacies. The Rx Save card also works at Mark Cuban Cost Plus Drugs for home delivery.
The Rx Save Card complements your existing insurance plan. It works as a first line of defense, checking for lower cash prices before your insurance benefits kick in. If the cash price is lower, the card is used; otherwise, your regular insurance coverage applies. It’s a seamless way to maximize savings without changing your current plan.
No. Another great feature of the Rx Save Card is that it works separately from your PBM. Since the Rx Save Card purchases bypass the PBM, you don’t have to change your current contract or PBM.
Yes! The Rx Save Card can be used to purchase weight-loss drugs at cash prices, which offer savings of 40 – 60%. Not only do these purchases cost less, employers can subsidize a portion of the drug cost for their employees through the Rx Save Card.
A landmark lawsuit was filed in February 2024 against an employer for overpaying for prescription drugs through their PBM contract when lower cash prices where available. The Rx Save Card addresses the core issue of the lawsuit ensuring your employees have access to the lowest cash prices – not just the prices offered by your PBM.
Yes! Some of the largest savings opportunities are for expensive “Specialty” drugs that have biosimilar and generic options. Savings can exceed 90%, with many prescriptions costing thousands of dollars less through Cost Plus Drugs than through your PBM.
