YourRxCard, provider of a free instant prescription drug discount card, has released its December claims report detailing user purchasing habits between generic and brand name prescription drugs. The report issued by www.YourRxCard.com reveals greater generic drug purchases by card holders, and over $46,994.13 savings to users in the month ending November 2005. The average user savings was 40% off of retail Pharmacy costs.
Baton Rouge, LA (PRWeb) January 22, 2007 -- YourRxCard (www.YourRxCard.com) has issued its December claims report on member savings, prescription drug purchasing habits, and predictions of future drug benefits and reach. YourRxCard is a Web-activated, free prescription drug card available to all Americans with no deductibles, pre-existing exclusions, or waiting periods to help with the increasing costs of prescription drugs. The card acts as a free repeat cash coupon on prescriptions.
Users of the free prescription drug card used 72.42% generic drugs and 27.58% brand name drugs in November, as opposed to most employer-provided prescription PBM benefit cards typically used for 25% generic drugs and 75% brand name drugs by members, according to YourRxCard's Chief Risk Officer, Rex Bowden Jr.
"(Month ending In November)… YourRxCard members saved $46,994.13 over the retail price of prescription drugs, and well over $150,000 since (YourRxCard went) live in July 2006," says Bowden. "YourRxCard predicts (that) as employers implement HSA, PCA, and HRA consumer/user benefit models, [consumers and employers will discover greater employer plan savings providing (the YourRxCard) free repeat cash coupon discount prescription drug card. Employers (will be able to) offer the benefits of YourRxCard to (their) employees, dependents, parents, and children for free. Which will result in saving millions of dollars through efficiency benefit cost gains. Everyone is eligible."
As a Web-based prescription drug discount solution, YourRxCard is working to build a strong brand online presence, to bring awareness of the drug card benefits to potential users. As a result of branding efforts, YourRxCard is very gratified that it can be found in multiple placements on page one of the top ten listings for search engines such as Google, AOL, Yahoo!, MSN, Webcrawler, Live, AllTheWeb, AltaVista, HotBox, and Ask.
The free prescription drug card is available to all Americans, including those currently on Medicare, to help with the rising costs of prescription drugs. YourRxCard's December claims report offers details on prescription drug claims and buy habits, based on statistics gathered in November 2006.
About YourRxCard.com
YourRxCard.com is a free prescription drug card program being produced to help all Americans cut their prescription drug costs. Individuals can download and print their free prescription drug card from www.YourRxCard.com, and receive savings of up to 75% at more than 50,000 national, regional, and local pharmacies. There are no deductibles, no waiting periods, and no pre-existing exclusions with the use of the card.
For more information about YourRxCard.com please visit www.YourRxCard.com, or contact Rex Bowden Jr. at 866-561-1926.
Contact:
Rex Bowden Jr.
YourRxCard
11608 Darryl Drive
Baton Rouge, LA 70815
Phone: 866-561-1926
Web: www.YourRxCard.com
###
Trackback URL: http://www.prweb.com/pingpr.php/UGlnZy1JbnNlLVN1bW0tTG92ZS1NYWduLVplcm8=
|
