BetterRxCard


Saving Consumers Time and Money on Prescription Drug Costs

Drug Switching: Consumer Federation of the Southeast offers help

by BetterRxCard 22. December 2009 20:26

http://www.consumerfederationse.com/news09_12_15.shtml

 Here is an interesting tool that anyone in the southeast, or around the county, could use to help stop drug switching, which happens at the pharmacy by (my gues is, although not stated in the article) your health plan or pharmacy benefit manager (PBM).

That's not to say that switching to a drug that's less expensive but works just as well isn't a good idea. Our company provides a service (EquivaMeds) that does just that. The main difference is that you the consumer is in control of making the switch, not your PBM or insurance provider.  EquivaMeds helps you become a better consumer by showing you the options and then (and this is important) helping you talk with your doctor to see if they believe a switch is right for you.

You see, doctors know about all these drug options, but they certainly don't know about what you pay, so EquivaMeds helps you through that process in less than 5 minutes.

Okay, enough of the self-promoting, but if you want to try EquivaMeds for free, drop us a note and we'll get you a free account. Also, you can do the EquivaMeds process yourself through research of drug options, pricing and then documenting to provide to your doctor.

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About ... Genuity Group

For years, Genuity Group has been engaged in finding new ways to save money on prescription drugs by blending technology with patients needs and doctor and pharmacist requirements. Along the way we learnd a lot! We used that knowledge to  created new, innovative ways to help consumers and employers save money on prescription drugs.

 

In 2006, we created a new technology that would save millions of dollars off the cost of brand name drugs for self-insured employers and consumers. That technology, called EquivaMeds, is a patent-pending tool that has averaged more than $700 per year in savings for consumers nationwide – nearly four times more savings than is possible with a traditional discount drug card.

 

In 2009, we introduced BetterRxCard, a discount drug card program that not only provided the best discounts available for consumers when insurance wasn't an option, but it also provides a way to save on expensive brand name drugs.



Now I we're sharing some of what I've learned here.  Sure, we'll talk about projects we're working on, like the BetterRxCard and EquivaMeds.  But there are other ways out there to save and many other things to consider when you are in a position that you need to find the facts and make a decision.  I hope we provide some of the information to help you, one of the  58% of Americans that have some form of monthly prescription drug cost, save money.

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