RxPreferred Overview

Unlike traditional pharmacy benefit managers (PBM’s), RxPreferred focuses solely on aligning your goals as a plan sponsor with the design of your prescription drug plan. At RxPreferred we take the time to understand your unique needs and challenges.

The Difference

RxPreferred provides transparent, innovative, and results-driven PBM solutions.

Our Technology

RxPreferred transforms traditional pharmacy benefit management into a state-of-the-art, customizable solution.

Transparency

RxPreferred eliminates conflicts of interest, hidden spreads and other questionable “incentives."

PBM Games Video

Watch our informational video discussing how traditional PBM’s take advantage of clients and their members.

Created with you in Mind

A Unique Model with Three Core Components
100% Pass-Through
Pricing & Transparency

The Client is charged the exact same price the pharmacy is paid.

All-Inclusive
Administration Fees

No additional fees for prior authorizations, step therapy, reporting etc

Rebates

100% of all manufacturer rebates are passed through to client's

RxPreferred SOLUTIONS

PBM Services

Below you will find an overview of our PBM Services. If you are an employer, third-party administrator or a broker, make sure and check out these pages for more specific information.

Our PBM Solutions Include:

  • Benefit Plan Design
  • Administrative Services
  • Drug Utilization Review
  • Cost Containment Programs
  • Reporting Services
  • Pharmacy Claims Processing
  • Member and Provider Helpdesk Services
  • Employer Specific Web Portals
  • Pharmacy Network Management
  • Customized Formulary Management
  • Transparent Rebate Administration

340B Solutions

RxPreferred provides an end-to-end solution to eligible entities

A 340B program administered by RxPreferred allows community health centers and hospitals to offer patients a wider selection of discounted medications while helping hospitals, health centers and pharmacies grow their businesses, support their communities, and help families afford their medications.

RxPreferred 340B Benefits:

  • Complete Transparency
  • OPA Coordination
  • Manage Virtual Inventory
  • Flat Per-Claim Fee
  • Industry Leading Safeguards
  • No Startup or Implementation Fees
  • Lowest price for medications.
  • Automated reporting and reduced paperwork
  • Automated Drug Replenishment With Wholesaler
  • Real-Time Management Tools – Enrollment, Eligibility, Reporting
  • Pharmacy Network Development & Contracting

Hospice PBM

RxPreferred’s customizable PBM services manage all aspects of your hospice pharmacy needs.

For hospices that prefer to self-manage pharmacy benefits, RxPreferred offers a customizable fee-for-service PBM service option.

At RxPreferred, we provide the following services specific to the needs of hospices:

  • Dedicated clinical and account teams easily accessible to your staff
  • Unparalleled customer service with a dedicated help desk available 24/7
  • Unlimited online access to real-time reporting
  • Comprehensive clinical services including formulary management, prior authorization programs and CoP reviews
  • Flexible prescription fulfillment model
  • Consolidated invoicing
  • Cost effective administrative efficiencies
  • Competitive pricing

Workers Comp PBM

RxPreferred provides a variety of Workers Comp Pharmacy Benefit Administrative Services. Our systems empower you to provide custom solutions to meet the needs of your Workers Comp clients. We reduce your administrative burden while making prescriptions for injured workers easier to fill with a retail pharmacy network.

In addition to real-time pharmacy claim adjudication, RxPreferred offers the following Workers Comp Pharmacy benefit services:

  • National Pharmacy Network (over 65,000 pharmacies)
  • Formulary – Custom or Standard
  • Reporting Services
  • Help Desk Services
  • Real-Time Eligibility, Override and Prior Authorization Capability
  • Rebase Management
  • Administrative services included consolidating pharmacy payment.

Prescription Savings Card

What makes our prescription savings card different than all others?

Card Benefits:

  • Provides discounts anywhere from 10-75%
  • No enrollment form, no membership fee, available for immediate use
  • Accepted at all major chains and many independents (8 out of 10 pharmacies nationwide)

Card Ordering

  • Please fill out the form on the right side of this page.
  • Take your Pharmacy Card/Benefit Card to the pharmacy with your prescription(s).

If you already have a card, ask them to see which gives you the best rates. Pharmacy Discounts are not insurance and are not intended as a substitute for insurance.

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Need Assistance

Feel Free to Contact Us. Our Representative will be in touch with you.

Latest News

RxEOB Partners with RxPreferred Benefits Creating New Member Portal
31 Jan 2018

RxEOB Partners with RxPreferred Benefits Creating New Member Portal

Health care tech industry leader for pharmacy benefit administration, communications and engagement joins forces with pharmacy benefit manager to launch all-new member portal application for better customer engagement.

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Proxsys Rx Launches Pharmacy Benefit Management Services Powered By RxPreferred Benefits
22 Apr 2015

Proxsys Rx Launches Pharmacy Benefit Management Services Powered By RxPreferred Benefits

Proxsys Rx, the nation’s largest Integrated Outpatient Pharmacy Provider, has launched a Pharmacy Benefit Management service (PBM) to serve hospitals, healthcare systems and other major employers. The program can typically reduce an employer’s prescription drug benefit expense by 5 to 20 percent.

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Attending to Detail: Tools for Being a 340B Pharmacy
28 Oct 2014

Attending to Detail: Tools for Being a 340B Pharmacy

The federal 340B drug-pricing program continues to play an important role in supporting access to care through discounted drug pricing for qualifying healthcare organizations. Fortunately, there is technology, both within pharmacy management systems and offered as a service, that supports 340B participation.

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