Total 196 words used.
myPrescryptive is a medication web application that empowers consumers to manage their prescriptions directly on their phone. This digital prescription experience is available via employer-sponsored health plans as well as a third-party API and direct-to-consumer.
For employers, myPrescryptive offers significant savings and unparalleled prescription price transparency for employees. At a time when legacy pharmacy benefits middlemen (PBMs) are under immense scrutiny, myPrescryptive offers employers a solution for providing employee transparency into their benefits while engaging employees to create savings for them and the plan.
The consumer-friendly, inclusive, and approachable myPrescryptive experience has the following results:
- Lower-cost medication options with the same efficacy when available, with 48% of users selecting more affordable medications when offered.
- Healthcare consumers using myPrescryptive realize average annual savings of $2,589 per medication alternative switch.
- Employer plans save an average of $2,564 in first-year total savings for each myPrescryptive registered user who switches to a lower-cost alternative.
The myPrescryptive experience also offers comparisons in prescription price in cash vs. using insurance in the company’s 62,000-pharmacy network. Available in multiple languages, the experience also offers a digital medicine cabinet, medication transfers, delegation for caregivers, a prior authorization status bar, and more.
Nomination Title: Prescryptive's myPrescryptive
