January 7, 2021
Fallon Health, based in Worcester, MA, is a nationally recognized not-for-profit health care services organization, has partnered with Rx Savings Solutions, the market leader tool for pharmacy transparency that enables more cost-effective decision making, to help their eligible Medicare Advantage members save money on prescription drugs.
Fallon is the first health plan in the region to launch the patented solution to a Medicare Advantage population. Rx Savings Solutions connects securely with a member’s drug claim records and prepares a personalized prescription savings plan. When there is an opportunity for members to save, Rx Savings Solutions alerts them by text, email or direct mail. This real-time information helps pinpoint drug savings opportunities customized for a particular member in an effort to help them save on their drug costs.
“The rising cost of prescription drugs can have a serious impact on the personal finances of our Medicare Advantage members. And navigating the complex pharmacy system can be challenging,” said Carolyn Langer, M.D., Chief Medical Officer for Fallon Health. “Collaborating with Rx Savings Solutions provides greater transparency that makes it much easier for our Medicare Advantage members to find more affordable medications that are clinically effective.”
Serving more than 8 million members, Rx Savings Solutions’ clinical engine contains over 30,000 unique and dose-adjusted suggestions, used to drive proven savings results for health plans and their members. With differentiating features such as Contact Prescriber, members can submit a new prescription request to their provider with one click.
“We are delighted to partner with Fallon Health and provide their Medicare Advantage population with a platform that offers proactive prescription advice that delivers the best health and benefits experience at the lowest cost,” said Michael Rea, a clinical pharmacist who founded and currently leads Rx Savings Solutions. “We share in their mission of making our communities healthy, both physically and financially.”