RxSaveCard
About RxSaveCard
RxSaveCard empowers employees to pay directly for their medications at over 65,000 pharmacies. This simple solution complements existing pharmacy benefits and offers an additional way to save on prescriptions without having to change the Pharmacy Benefits Manager (PBM).
How RxSaveCard Works
Employers fund a set amount on the RxSaveCard per employee monthly, with unused funds rolling over. Employees find the lowest prices at local pharmacies, including online options like Mark Cuban Cost Plus Drugs. The card instantly compares cash prices from multiple discount cards at the pharmacy counter to ensure the lowest cost. Both employers and employees benefit from lower drug prices without changing their PBM.
Challenges and Solutions
The platform addresses ERISA compliance, limited consumer choice, and opaque pricing in traditional pharmacy benefit plans. It offers cash price savings of 40%-60% on many common prescriptions, freedom of choice among pharmacies, and transparent pricing without hidden PBM fees or markups.
Mission
The RxSaveCard mission is to revolutionize pharmacy benefits through transparent pricing and direct savings.