RxIQ® Savings Genius
A win-win for benefit plan members and sponsors
With RxIQ Savings Genius—a turnkey program built on predictive behavioral modeling and member and prescriber outreach—plan members realize new prescription savings opportunities, reducing costs for them and their plan sponsors.
It starts with our engines
RxIQ Savings Genius is unique in that it examines multiple sources of potential savings for members across four savings engines:
Alternative Pharmacy
Therapeutic Alternatives (Generic substitution, Therapeutic equivalents, Alternate drug forms)
Mail Order
Discount Card
The RxSense clinical team has developed a proprietary matrix of clinically appropriate options that drives the Therapeutic Alternative decisioning.
Turn opportunities into realized savings
RxIQ Savings Genius goes beyond identifying new savings opportunities. We work directly with members—and prescribers—to turn them into realized savings.
We leverage proven CRM strategies to inform and encourage members and prescribers to adopt changes that are clinically appropriate and financially beneficial, while our on-shore Savings Concierge service team interacts with the necessary pharmacy, mail order center, or prescriber to help members take action.
Incentives to take action
A distinguishing feature of RxIQ Savings Genius is its rich member incentivization layer that rewards members for engaging in savings behaviors. This is important in cases where the plan sponsor may see substantial savings but the member copay remains the same.
The cost of any incentives is included in the cost of the program, with no additional charges.