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05/03/2013RXCut Enables Comparison Shopping for Prescription Drugs
RXCut just released “Pharmacy Price Search,” a website that enables customers to input their medications and dosages to find the cheapest local prices for their prescriptions.
The company cites statistics from the Centers for Medicare and Medicaid, which state that prescription drug spending will grow 10.7 percent by 2014. According to CEO Gerard Ferro, RXCutseeks to be the “Equalizer in Healthcare.”
The company offers a free prescription card on its website that purports to save up to 75 percent off of prescriptions and up to 50 percent off of laboratory tests and imaging services. Customers pay no enrollment fee, but they do pay an administrative fee on the savings generated by the card.
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