OVERLAND PARK, Kan., Nov. 14, 2016 /PRNewswire/ -- Rx Savings Solutions has partnered with Community Health Options (Health Options) to offer the insurance plan Members access to their innovative healthcare software, empowering them to be educated consumers of healthcare.
Rx Savings Solutions' state-of-the-art tool relies on patented algorithms to analyze thousands of recommendations to find the best clinical option while maximizing savings on prescription drugs.
Health Options members will be alerted via email or text message when a cost-savings opportunity exists, inviting them to log in to a user-friendly website to review a custom report of those cost-saving options. This can be a combination of optimizing clinical therapies or finding lower pricing at local pharmacies.
"We are delighted to partner with Health Options and provide its Members our powerful software --- by 'powerful' we refer to empowering people, turning them from passive consumers into active, informed participants," says Michael Rea, founder and CEO of Rx Savings Solutions. "Consumers have options for every purchase in their lives, except healthcare – we are here to change that."
Based in Kansas City, 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, BH Media Group—a Berkshire Hathaway company—and American Century Investments, among others.
"Rx Savings Solutions looks at claims, it looks at therapeutic alternatives, and it compares prices at different pharmacies," says Kevin Lewis, chief executive officer at Community Health Options. "Our Members will now have additional tools to help them reduce their out-of-pocket costs for prescription medications. It's the most comprehensive solution that I've seen when it comes to driving safe, easy and personalized prescription savings suggestions."
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.
About Community Health Options
Community Health Options (Health Options) is a non-profit, Member-led health plan providing comprehensive, Member-focused health insurance benefits for individuals, families, and businesses. Health Options is a Consumer Operated and Oriented Plan (CO-OP) licensed in Maine and New Hampshire that is dedicated to providing affordable, high-quality health benefits through productive partnerships with Members, businesses, and a broad network of providers. For more information about Health Options, visit the website: HealthOptions.org.
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SOURCE Rx Savings Solutions