MORRISTOWN, N.J.--(BUSINESS WIRE)--Today, CarelonRx announced it will launch EnsureRx, a new cost savings program that will automatically compare prices of select covered generic medications against a variety of cash discount cards and apply the lowest cost for consumers at the pharmacy counter.
Recent data shows that 39 percent of people with commercial insurance utilized a discount card at the pharmacy instead of their insurance. EnsureRx is an integrated cost savings solution that allows members to access savings on more than 50 generic medications that are typically used by consumers with a discount card.
“With EnsureRx, our members will have the peace of mind knowing they are getting their generic medications at the selected pharmacy’s lowest available cost, and they can spend less time on comparison shopping,” said Paul Marchetti, President of CarelonRx. “The ultimate goals of EnsureRx are to help members reduce their prescription drug costs, increase medication adherence and promote better health outcomes.”
EnsureRx will be a free, automatically integrated benefit for CarelonRx members. Commercial members will simply use their pharmacy member ID card at a retail pharmacy as normal and EnsureRx will identify and apply the lowest cost available to them on select generic medications. Medications filled under the EnsureRx program will still count toward a member’s deductible and out-of-pocket maximum.
With EnsureRx, members will also be able to preview medication savings and pricing at various pharmacies via the Sydney Health app, CarelonRx website, Anthem website, or through customer service. EnsureRx is one of many innovative products from CarelonRx that works to provide affordable access to medications. EnsureRx will be available for commercial members in early 2024.
CarelonRx is a Carelon company, part of the Elevance Health family of healthcare services brands. CarelonRx puts the benefits back into pharmacy to improve the health of our members and the healthcare system. We work to remove barriers, personalize experiences, and improve health outcomes, no matter where our members are in their healthcare journey. For more information, visit our website or follow us at CarelonRx on LinkedIn.