Scripta Insights, RxSaveCard companion for decrease prescription drug prices
Scripta Insights, an organization that develops pharmacy navigation options for self-insured employers, well being plans and members, is coming into right into a strategic partnership with RxSaveCard, which provides pharmacy profit cost-containment and cost choices.
The partnership goals to assist self-insured employers fulfill their fiduciary obligations and cut back prescription drug prices by offering members with entry to inexpensive treatment choices, whether or not coated by their well being plan or by way of cash-pay alternate options.
In a press release, Scripta defined that it’s going to combine RxSaveCard into its Rx Navigation platform, which the corporate says will profit shoppers who’ve the totally custom-made answer in place.
For members, it goals to assist them save on high-cost specialty medicine, together with GLP-1s.
For self-insured employers, the aim is to cut back plan spend by avoiding conventional pharmacy profit supervisor (PBM) markups.
Moreover, Scripta will steer members to essentially the most cost-effective treatment choices out there.
That might imply a coated drug by way of their well being plan, changing to a inexpensive different or utilizing a money pay supply like RxSaveCard.
Scripta said that the RxSaveCard additionally permits plan sponsors to supply low- or no-cost medicines to members with out requiring a change to a brand new PBM.
Moreover, employers fund a pay as you go digital card each month that covers all or a part of the focused drug prices.
Members will have the ability to use the cardboard at over 65,000 pharmacies, together with Mark Cuban Value Plus Medication and Lilly Direct, with the employer-funded quantity utilized routinely at checkout.
Based on Scripta, members could have the flexibility to seek for RxSaveCard discounted costs and pharmacy alternate options and entry their playing cards instantly within the Scripta member app. Scripta can even present shoppers with detailed reporting on their financial savings.
“RxSaveCard shares our dedication to innovating the standard pharmacy advantages mannequin and placing sufferers again in charge of their prescription selections,” Eric Levin, CEO of Scripta Insights, stated in a press release.
“By integrating RxSaveCard’s nationwide low cost community into our Scripta Financial savings Mapper, we’re making it even simpler for members to match all their choices, together with new money pay alternate options, and get monetary savings on their prescriptions.”
THE LARGER TREND
In Might, Scripta Insights launched its GLP-1 Navigator, a device within the Scripta member app that gives sufferers with details about GLP-1 medicines in a centralized information.
Up to date weekly, Scripta’s GLP-1 Navigator helps members perceive their choices and the trade-offs, no matter whether or not their plan covers GLP-1s.
In 2024, Scripta Insights introduced it raised $17 million in Collection B funding, led by Aquiline, bringing its whole funding to $42 million on the time.
Contour Enterprise Companions, Eastside Companions and ReMY Traders participated within the spherical.
In 2023, Scripta Insights collaborated with Mark Cuban Value Plus Drug Firm.
In a press release, the corporate stated the connection furthered Scripta’s mission to get members the suitable meds at the most effective value.
In 2024, RxSaveCard raised $1.7 million in seed funding to drive progress and broaden shopper entry to inexpensive medicines.
Based on BusinessWire, the spherical was led by Distributed Ventures, with participation from business insiders.
