Rx Savings Solutions to Help Members Find Savings on Their Medicines
BATON ROUGE, La. – As prescription drug costs continue to affect the overall out-of-pocket costs significantly for consumers, and remain a leading cost pressure for employers, Blue Cross and Blue Shield of Louisiana has launched a new prescription drug cost tool for many of its members. Rx Savings Solutions’ transformative, patented and money-saving tool will help more than 637,000 Blue Cross and HMO Louisiana, Inc. health plan members price drugs and manage their prescription drugs to save money.
Rx Savings Solutions is a no-cost tool that provides Blue Cross members and their plan dependents with cost-saving opportunities on medications they take. Rx Savings Solutions connects securely with a member’s drug claim records and prepares a personalized prescription savings plan. When there is an opportunity to save, Rx Savings Solutions will alert members by text or email letting them know to log in and view savings opportunities.
The Rx Savings desktop and mobile app tool offers clinically-based, proactive prescription advice in saving money on prescription drugs. Savings opportunities include listing pharmacies in the area with lower out-of-pocket prices for members’ prescription drugs. The tool also lists alternatives that may be appropriate for a member’s care, but with a lower out-of-pocket price. In that case, Rx Savings Solutions will provide information members can share with their doctors if they want to choose a lower cost alternative.
“Prescription drugs continue to be a top driver of healthcare costs. It’s important that we engage partners and tools like Rx Savings Solutions to help our members save on out-of-pocket costs,” says Dr. Vindell Washington, Chief Medical Officer of Blue Cross and Blue Shield of Louisiana. “By providing a solution directly integrated into claims records and benefits, our members now have detailed information at their fingertips to help them make prescription drug choices.”
“Our mission is to provide the resources needed that will give consumers the power to save money on their prescription drugs,” says Michael Rea, founder and CEO of Rx Savings Solutions. “Despite much confusion in the market, we are able to offer a cohesive approach that works within the benefit plan design. We are delighted to work with Blue Cross and Blue Shield of Louisiana to help their members take advantage of these important savings.”
Blue Cross and HMO Louisiana members who have Rx Savings Solutions as part of their health plans may register for the tool by logging in to their member accounts at www.bcbsla.com/rxss .
About Blue Cross and Blue Shield of Louisiana
Blue Cross and Blue Shield of Louisiana is committed to our mission to improve the health and lives of Louisianians. We invest both time and money in the communities we serve, supporting the health and wellbeing of Louisianians through more than 200 charitable organizations.
With our subsidiaries, HMO Louisiana and Southern National Life, we provide group and individual health insurance plans, life and disability insurance, group voluntary products and administrative services to one out of four Louisiana residents. Blue Cross and Blue Shield of Louisiana also provides Medicare supplement and Medicare Advantage plans and is a partner in offering the Healthy Blue Medicaid Managed care plan. Louisiana is the only state where we operate, with offices in every major region to serve our customers.
Founded in New Orleans in 1934, Blue Cross and Blue Shield of Louisiana is a tax-paying non-profit health insurer. We are a private mutual company, owned by our policyholders, with an independent Louisiana Board of Directors and no shareholders. Blue Cross and Blue Shield of Louisiana is an independent licensee of the Blue Cross and Blue Shield Association.
To learn more, visit our website at www.bcbsla.com.
About Rx Savings Solutions
Rx Savings Solutions offers an innovative, patented engagement software system empowering employers and employees to be educated consumers of healthcare. In addition to large, Fortune 500 Employers, Rx Savings Solutions also services health plan clients. Founded and operated by a team of pharmacists and software engineers, Rx Savings Solutions supports a collaborative, cost-saving solution for purchasing prescription drugs. For more information, visit rxsavingssolutions.com or follow them on LinkedIn and Twitter.