The Problem
What do we mean ?
It’s all about copay coupons.
⇒ Copay coupons for prescription drugs are provided annually by manufacturers to help commercially insured consumers afford their medications.
⇒ The coupons automatically lower the patient’s out-of-pocket cost at the pharmacy.
⇒ However, the vast majority of the coupons go unused.Why?
Neither the patient nor doctor are always aware the coupon exists.
Together, as a part of health IT ecosystem, we can change that.
Our Mission
To save people money on their prescriptions by digitally distributing ALL copay coupons through the health tech ecosystem - not just the few.
Read more about our mission and impact below.
The Solution
RxUtility is the first and only source of all pharma manufacturer copay coupons available to healthcare IT ecosystem through an API.
The only resource available to digitally solve for the delivery of these valuable and vital coupons, and the partner you need to provide the full price transparency picture within your software.
It's a simple API that can help solve a complex problem.
With your software and our data, we have the chance to provide balance needed for better consumer choices with better information.
and that's not the only benefit... depending on your software and who it serves, there are many benefits to having this data in your workflow.
Benefits
If your software is used by... | Providers | Pharmacy | Consumers | Employers |
Offer complete drug price transparency | ||||
Offer specific medication savings to consumers | ||||
Increase first fill rate | ||||
Increase medication adherence | ||||
Improve patient outcomes | ||||
Increase patient satisfaction | ||||
Drive up quality scores | ||||
Increase customer loyalty (everyone loves coupons) | ||||
Save time for pharmacists - no looking up coupon |
Impact
Our Have-A-Heart Pledge
We partner with non-profits and "boots on the ground" patient advocacy to ensure that our efforts reach those who are often overlooked by the US healthcare system. Through these partnerships, we can provide many levels of support including direct support to those facing the harsh reality of choosing between their health and their financial stability.
At RxUtility, we are driven by a mission to make healthcare accessible and affordable for all, embodying the true essence of a company that gives back — giving 10% of our profits to these causes.
Needing healthcare is already hard enough. Affording medications shouldn't be.
Why We're Doing This
Our mission is to help people afford prescription medicine. We want every dollar available through copay coupons to make it to every person that needs it.
We will achieve this mission by digitally distributing all pharma copay coupons throughout the health IT ecosystem.
Our sole focus is saving people money immediately by keeping their own money in their pockets (aka “lowering out-of-pocket costs”).
We are not interested in philosophical conversations about whether copay coupons are good or bad for the status quo. These coupons exist, and while they do, we want every person to know they exist and have the opportunity to use them.
What We Believe
- We believe that prescription drugs cost too much. We have found a small way to help change that, and we’re putting all we have into it.
- We believe in complete transparency in drug pricing. Without the copay coupons, the consumer does not have an accurate picture of what a drug could cost them. We complete the picture so providers and consumers can make fully informed choices.
- We believe there is too much data hoarding in healthcare. We created RxUtility to be a tool that helps to aggregate and then democratize copay coupon data. Easy to find. Easy to use.
- We believe in fair pricing. With input from our early adopters, we are creating a pricing structure that allows every health IT vendor, even start-ups, to afford the RxUtility tool. To make their software better and more valuable to their end customers. To help people.
Pricing
Because of all we believe, we believe every healthcare technology that touches patients, providers, pharmacies, and employers should join us in ensuring all available coupons are easily available.
We offer affordable monthly subscriptions for any size business. See our pricing page for more details!RxUtility is committed to protecting and respecting your privacy, and we’ll only use your personal information to administer your account and to provide the products and services you requested from us. From time to time, we would like to contact you about our products and services, as well as other content that may be of interest to you.
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