Digital health company Scripta Insights is joining forces with RxSaveCard with the goal of making it easier for employers to manage drug costs and meet their fiduciary duties.
RxSaveCard offers a proprietary cost management and payment solution for pharmacy benefits, and those tools will be integrated into Scripta's AI-powered Rx Navigation platform. For members, the integration is designed so they can better find savings for a variety of drugs, including high-cost specialty products.
The platform is designed to identify lower-cost options both in the member's prescription drug coverage or through cash-pay, according to an announcement from the companies.
The partnership drives down the costs for self-insured employers by allowing them to go around traditional markups from pharmacy benefit managers.
"RxSaveCard shares our commitment to innovating the traditional pharmacy benefits model and putting patients back in control of their prescription choices," said Eric Levin, CEO of Scripta Insights. "By integrating RxSaveCard's nationwide discount network into our Scripta Savings Mapper, we're making it even easier for members to compare all their options, including new cash pay alternatives, and save money on their prescriptions."
Scripta directs users to the lowest-cost option, and RxSaveCard brings a trusted source of cash-pay options to the table for its consumers. The platform also generates a personalized savings report for members, and, if they use discounts through RxSaveCard, those will be reflected in that document.
They will also be able to access step-by-step guidance on securing those prescription savings as part of their personalized report, Scripta said in the release.
Discounts available though RxSaveCard allow plan sponsors to better address the costs facing their employees without needing to make a full switch to a new PBM, according to the announcement.
"It's becoming clear that paying cash is often cheaper than using insurance," said Chris Crawford, co-founder and CEO of RxSaveCard. "With Scripta's best-in-class Rx Navigation support, members will be guided to savings opportunities available to them using their RxSaveCard, ensuring they get the right med at the best price."