TUCSON, Ariz.–(BUSINESS WIRE)–ScriptSave, which provides prescription savings solutions and cards for the uninsured, underinsured, and insured, has launched a new mobile health application, ScriptSave® WellRx, to put prescription savings directly into the hands of consumers.
“Rising costs for prescription medications combined with the increasing number of health benefit designs that include higher out of pocket spend have placed a bigger financial burden on the patient,” said Dr. Marcus Sredzinski, COO and Executive Vice President, ScriptSave. “This financial hardship can in turn lead to poor medication adherence and compliance. We are excited to offer ScriptSave WellRx as a tool to help consumers stay on their medication therapy for better health outcomes.”
The ScriptSave WellRx mobile app allows consumers to search and compare prescription drug prices, locate pharmacies, and receive immediate savings at the register on both generic and brand prescription medications. ScriptSave WellRx is accepted nationwide at more than 62,000 participating pharmacies. Savings can be applied to prescription medications for the entire family – even pets.
Based on a recent survey by Consumer Reports, 33 percent of Americans were paying an average of $39 more out of pocket for their regular prescription medications over the last 12 months alone, and 10 percent were paying as much as an extra $100.1 The same report stated, “Nearly 40 percent of people in this situation cut at least one corner with their medication in order to save money.”
As a result, medication adherence continues to be a significant area of concern in terms of its impact on both cost and quality of care. An estimated $291 billion annually in largely avoidable healthcare costs are attributed to non-adherence.2 ScriptSave WellRx supports consumers in directing their own care, ensuring they have the tools necessary to make informed choices, and adhere to effective, prescribed medicines.
“We built ScriptSave WellRx to deliver on the company’s long-standing commitment to improving the lives of our customers,” said Paige Berger, Executive Vice President, Marketing and Sales, ScriptSave. “ScriptSave is uniquely positioned to create real change and deliver meaningful prescription savings solutions due in large part to our dynamic partnerships with industry-leading organizations and nationally-based pharmacies who share our focus on caring for customers.”
Direct-to-consumer advertising and other market forces have fueled demand for drugs regardless of insurance coverage, and consumers continue to seek out pharmacies and discount programs to ease the cost burden. ScriptSave WellRx leverages some of the most advanced technology, pharmacy expertise and customer service experience in the industry to help close gaps in healthcare and navigate the consumer to the best prescription coverage.
Feature enhancements scheduled for 2016 will allow patients to learn about possible drug interactions, ask a pharmacist about medication-specific questions, and receive reliable medication reminders and timely refill alerts to ensure adherence to medication regimen.
The mobile health application is an expansion of ScriptSave’s existing prescription savings initiatives and the original ScriptSave WellRx product, which launched seven years ago as the wellrx.com website. The ScriptSave WellRx prescription savings card and tools are available at wellrx.com, and the mobile app is available as a free download on the Apple App Store and on the Android Google Play Store.
For more than two decades, Medical Security Card Company (MSC) LLC, (d/b/a ScriptSave) has been closing the gaps in healthcare and prescription coverage with innovative savings programs for the uninsured, underinsured, and insured. A member of the MedImpact Healthcare Systems, Inc. family of companies, ScriptSave is committed to reducing out-of-pocket drug costs so consumers can afford to fill prescriptions, follow prescribed regimens, and enjoy better health outcomes. For more information, go to www.scriptsave.com.
1 Consumer Reports accessed online: http://www.consumerreports.org/cro/news/2015/08/are-you-paying-more-for-your-meds/index.htm
2 Bosworth HB. Medication adherence: making the case for increased awareness. National Consumers League. Available at http://scriptyourfuture.org/wp-content/themes/cons/m/Script_Your_Future_Briefing_Paper.pdf1. Accessed March 2015
Medical Security Card Company LLC
Vice President, Business Development