DestinationRx

Through www.Rxaminer.com and www.destinationrx.com consumers have access to a medication consultation system that enables them to drive cost containment through a better understanding of their treatment options. Consumers, employers, and other payors can achieve 20 to 70 percent savings on the out-of-pocket costs of their medications by purchasing different brand or generic drugs with similar effectiveness. The Rxaminer tool and approach is used by Medicare (available at www.medicare.gov), pharmacy benefit managers, health plans, self funded employers, and uninsured consumers to reduce prescription drug costs.

Situation

Today millions of Americans lack adequate prescription drug coverage or struggle to understand and optimize the drug coverage they do have. An estimated 10% skip unaffordable medications and an even larger percentage is sacrificing basic life necessities for medications, despite the existence of less expensive alternatives and cost cutting methods.

Solution

Rxaminer was founded to meet the needs of consumers unable to handle the expense of prescription medications and has been featured in the Wall Street Journal, Newsweek, US News, and other publications for its new and innovative approach to saving consumers money on their prescription drugs. Through www.Rxaminer.com , www.destinationrx.com  and other 3rd party web sites consumers have access to a comprehensive decision-support system that enables them to drive cost containment through a better understanding of their treatment options. Consumers can generate 20 to 70 percent savings on their medications or co-payments by purchasing other brand or generic drugs with similar effectiveness. Rxaminer was designed by physicians and pharmacists to supplement, not replace, the patient-physician decision process. Consumers using the Rxaminer database are encouraged to share the results of their on-line consultation with their physician. If all uninsured consumers utilized these methods they would save approximately $1.2 billion per year.

With the increasing popularity of high incentive prescription insurance plans, this approach is also applicable for health plans, employers, and other payors. The system helps employees understand, and cost effectively, manage their prescription benefits. Loaded with a payors specific plan design, referred drug list, and customized graphics ensure the information is relavent and highly utilized.

Rxaminer uses medications prescribed by a patient's doctor or the condition a patient is being treated for to automatically identify more cost effective options based on therapeutic equivalencies and average retail pricing. The system is not affiliated with or sponsored by any pharmaceutical company and all data is developed internally by DestinationRx's unbiased medical professionals.

The system provides the patient with various brand and generic therapeutic options, the information necessary to understand how the optional medications work, what, if any, tradeoffs exist for the savings, general drug information, drug interactions, side effects, and in a Spanish language version when needed.

Better Health and Lower Costs

Today DestinationRx’s Rxaminer decision-support tool is available to more than 100 million people through Medicare (available at www.medicare.gov ), health plan, pharmacy benefit manager, self funded employer, and consumer web sites to reduce prescription drug costs. The average uninsured user saves 25% with a typical savings range of 10% to 80% depending on the drugs being taken. Self funded employers and other payors are saving up to $50 per employee per year using the approach. DestinationRx has been featured in the Wall Street Journal, The Harvard Heart Letter, Newsweek, BusinessWeek, US News & World Report and Forester research for its innovative approach to cutting drug costs.