OVERLAND PARK, Kan., Jan. 9, 2017 /PRNewswire/ -- The Teachers Health Trust of Southern Nevada has teamed with Rx Savings Solutions to offer its 38,000 participants access to the innovative healthcare software. Founded by pharmacist Michael Rea, Rx Savings Solutions helps health insurers and self-funded employers drive consumerism and engagement for employees by focusing on the most predictable spend in healthcare—pharmacy.
"We are excited to partner with the Teachers Health Trust and help their participants navigate the complex world of prescription drugs. Our goal is to make their lives easier while spending less money by providing access to information not previously available," says Michael Rea, founder and CEO of Rx Savings Solutions. "We leverage technology in every part of our lives to be an educated consumer, except in healthcare, and we are changing that."
The state-of-the-art tool relies on patented algorithms to analyze thousands of recommendations to find the best clinical option while maximizing savings.
"As stewards of the overall health and productivity of our valued teachers in Southern Nevada, we recognize the immense value and importance of innovative technologies and systems aimed at not only controlling costs, but improving the overall health of our population and purchasing experience," says Gary Earl, CEO of Teachers Health Trust. "Rx Savings Solutions has emerged as our single most powerful new and inventive tool in our efforts to educate, engage and activate our participants in the essential elements of access, affordability, compliancy and improvement. We are bullish on our new provider partner and look forward to evolving our mission from one of success to one of significance."
Rx Savings Solutions serves organizations nationwide with marquee clients including Blue Cross and Blue Shield of Kansas City, the State of Kansas Employee Health Plan, Community Health Options Health Plan, West Virginia Public Employees Insurance Agency, BH Media Group—a Berkshire Hathaway company—and American Century Investments, among others.
Rx Savings Solutions' system is HIPAA security compliant. All interaction between the software platform and the employee is confidential. Rx Savings Solutions is without bias and delivers the most accurate, cost-effective data to subscribers based solely on the location and medication needs of each user.
About Rx Savings Solutions
Rx Savings Solutions offers an innovative, patented engagement software system empowering employers and employees to be educated consumers of healthcare. Founded and operated by a team of pharmacists and software engineers, Rx Savings Solutions supports a collaborative, cost-saving solution for purchasing prescription drugs. Using their clinical backgrounds, Rx Savings Solutions delivers proactive personalized recommendations on ways to optimize therapies to members, while achieving proven savings results for employers, employees and health plans. Located in Kansas City, Rx Savings Solutions serves self-insured businesses, employer groups, health plans and their members nationwide. For more information, visit rxsavingssolutions.com or follow them on LinkedIn and Twitter.
About Teachers Health Trust
Teachers Health Trust is a self-funded health trust, which provides medical, dental, and vision benefits to all licensed employees of the Clark County School District.
S&C Public Relations Inc.
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SOURCE Rx Savings Solutions