Prescription drug price transparency
Founded by a pharmacist, Rx Savings Solutions helps people and payers reduce prescription drug costs through a combination of clinical technology, transparency, member engagement and concierge support. Currently 17 million members have access to personalized recommendations for lowering prescription costs and dedicated pharmacy experts to help navigate benefits, providers and pharmacies.
More than $500 billion is spent on pharmaceuticals each year in the U.S.¹ Prescription drugs are a major cost driver for self-insured employers. Meanwhile, health plan members face the challenge of making cost-effective buying decisions.
Prescription drug pricing tools can help employers and members save on high prescription costs, but the administrative burden is significant. HR teams spend about a third of their time managing point solution vendors.²
Quantum Health Preferred Partners™ provide a seamless member experience and help employers get results: higher member satisfaction, better health outcomes, and a partnership proven to reduce cost trend.
- Improved utilization
- Enhanced data integration
- Reduced HR workload
Drowning in point solutions
HR leaders have thousands of point solution vendors to choose from. Finding the time to research, implement and manage vendor relationships can be overwhelming and time-consuming.
Taking on the hard stuff — so you can focus on your team
From addressing chronic conditions such as behavioral health, diabetes, musculoskeletal (MSK) and gastrointestinal disorders, to optimizing prescription drug utilization and price transparency, Quantum Health’s Preferred Partners are here to deliver the results you — and your members — need. These valuable partnerships revealed an increase in enrollment, decrease in registration abandonment and ongoing utilization across many organizations.
2. Quantum Health Market Research Study, 2021.