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RxPreferred’s My-RxP – A Smarter, Simpler Solution to Rising Pharmacy Costs

RxPreferred’s My‑RxP is a workplace-focused pharmacy solution that offers employers and integrated pharmacies a more innovative way to reduce costs on brand and specialty drugs—including the booming GLP‑1 class—without disrupting care. Designed to manage the top 10% of costly medications (often driving 40–50% of total pharmacy spend), My‑RxP delivers 15–20% net savings post-rebates and optional coverage for fertility medications—all through a seamless patient experience that doesn’t require income checks or financial applications.

Key Features:

  • High-Cost Medication Savings: Offers up to 60% savings on premium drugs by identifying affordable alternatives and optimizing sourcing for chronic conditions like diabetes, autoimmune disorders, and cardiovascular disease.
  • GLP‑1 Coverage: Includes cost-effective access to GLP‑1 therapies for weight-loss and other indications—providing choice and predictability without benefit redesign..
  • Fertility Drug Support (Optional): Enables employers or pharmacies to add discounted fertility medications, enhancing holistic health benefits at significantly reduced prices.
  • Ease of Integration: Designed for simplicity—My‑RxP can be implemented standalone or alongside existing benefit plans without member financial verification.

By focusing on the highest cost drivers—specialty brands, GLP‑1s, fertility drugs—My‑RxP empowers pharmacies and employers to deliver substantial cost savings and enhanced employee wellness with minimal operational burden.

RxPreferred

RxPreferred News & Announcements

RxPreferred is a fully transparent, pass-through Pharmacy Benefits, 340B, and Pharmaceutical Rebates Administrator that provides customized pharmacy solutions to maximize savings for plan sponsors and align with their goals. We specialize in cost-containment strategies, plan collaboration, and emphasize community and own-resource capitalization in a data-driven environment. Headquartered in Nashville, Tennessee, RxPreferred is a mission-driven organization, dedicated to outperforming the expectations of our clients, members, and shareholders.

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Posted by: Jeff Rackliff

Jeff serves as a Pharmacy500 Market Analyst on the RXinsider Intelligence Team. He combines his passion for research and data analytics to help educate the market on news, trends, and products.

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