No Matter How You Measure Them, Drug Prices Are Still Too High
Can you measure the state of the economy using only one indicator? Of course not. The White House called us out on our drug prices analysis. Here’s our response.
The Real Meaning Behind All These Rankings
We cracked the Inc. 5000 for the second year in a row, along with several other rankings for fast-growing companies in the past two weeks. What do these rankings really reflect? It all goes back to the “why.”
We’re All Here to Help ‘Betty’
Betty was the first “member” we ever helped. She represents every member we have and inspires everything we do. Here’s how each team contributes to the cause at Rx Savings Solutions.
Why Can’t Everyone Use Us?
We’d love to put Rx Savings Solutions into the hands of every healthcare consumer. Data dependencies make that impossible. But if we continue to build the best solution possible, more and more consumers will become members.
The Price May Be Right, But it Doesn’t Make Sense
How can the same drug cost $300 for one insured person and $9 for another? Like the famous Plinko game on the Price is Right, it all comes down to luck. There’s a better way to get the right therapy at the lowest cost.
Getting Past the Brand-name Bias in Our Brains
Consumers may be conditioned to believe that “more expensive is better”, but when decisions can be based more on cost and less on branding, it’s easier to make rational choices in pharmacy.
Pain is the Only Real Incentive to Reduce Drug Prices
With the way the current system is structured, pharma has no reason to lower prices. Only a free, functioning market will allow consumers to inflict pricing pressures.
The Good, the Bad and the Confusion with Copay Accumulators
Introduced this year, these programs prevent a plan member’s copay assistance from accumulating against a deductible or out-of-pocket maximum. Hence, the confusion in terms, and also confusion for the member.
Objectivity Is the Ultimate Tool
The best pharmacy price-shopping and decision-support tools should be built with the consumer’s best interests in mind. Unfortunately, some tools try to steer the consumer’s dollar rather than save it.
Redeyes, Nor’easters and the Power of Networking
Why do we travel across the country fighting blizzards, flight delays and conference food? Because, even with all the ways we have to connect today, there is still no substitute for face-to-face interaction.
