The Next Wave in Rx Transparency

RxNXT is a Software as a Service (SaaS) platform that allows employees and dependents to search for the best available price on any drug, while allowing employers and plan sponsors to reward and incentivize their plan members for finding and selecting the lowest price available.

Cost-Saving Made Simple

Our technology platform provides the actionable insights and tools necessary to maximize value within every pharmaceutical transaction, ensuring that incentives are aligned between the health plan participant and plan sponsor.

RxNXT saves employers and employees money by making it easy for plan members to take advantage of prescription drug discounts using our unique set of tools:

Pricing Marketplace

Our pricing marketplace allows plan members to search for their prescribed drug and receive a comprehensive price comparison. After analyzing insurance plan price, GoodRx price, Blink Health price, and the cash price offered by the pharmacy (if available), RxNXT will identify the source with the lowest cost to the plan and member. If the best option is outside of their benefit plan, the product will also alert the user to the cash incentive attached to choosing the lower priced alternative.

Complete Cost Projections

The RxNXT platform will consider not just the patient responsibility (co-pay), but also the total cost of the drug, taking into account the amount the employer would pay after the patient responsibility has been transacted.

Complete Cost Projections

The RxNXT platform will consider not just the patient responsibility (co-pay), but also the total cost of the drug, taking into account the amount the employer would pay after the patient responsibility has been transacted.

Streamlined Documentation

After completing a transaction, plan members simply sign in to the RxNXT platform and upload their receipt, which is instantly logged and made available to the employer’s benefits team. This receipt submission process allows for reporting that:

Manages and simplifies the payment of incentives to employees

Aggregates and documents the payment of incentives for use as an employer tax deduction at end of year

Allows for the filing of paper claims to the commercial insurer (updating deductible/OOP accumulators)

Highlights savings and ROI

Batch Savings Analysis

The RxNXT platform provides a batch analysis function, allowing for an aggregated evaluation of a 12-month lookback of prescription claims activity. This function will serve to supplement the sales process by illustrating the ROI potential in contracting with RxNXT. It will also allow company benefits staff to identify and reach out to plan members taking drugs that would offer significant cost savings and incentives through RxNXT.

Batch Savings Analysis

The RxNXT platform provides a batch analysis function, allowing for an aggregated evaluation of a 12-month lookback of prescription claims activity. This function will serve to supplement the sales process by illustrating the ROI potential in contracting with RxNXT. It will also allow company benefits staff to identify and reach out to plan members taking drugs that would offer significant cost savings and incentives through RxNXT.

How large is the savings opportunity?

As compared to one of the nation’s leading PBMs:

%

the percent of claims in which a lower priced alternative was available

%

the average overlooked discount opportunity, equating to about $80 in missed savings / fill

%

the frequency by which GoodRx total price is lower than an insurance plan co-pay (according to a NY Times study)

Partnership Program

Our Partnership Program is designed to add value to your clients while also creating a wave of new revenue.

Ready to hear more?

8000 Walton Pkwy
Suite 212
New Albany, OH 43054S
info@rxnxt.com

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