BIRMINGHAM, Ala., Nov. 10, 2020 /PRNewswire/ -- Immediate, a
financial wellness company, today announced a new partnership with
ScriptSave WellRx to provide discounts on prescriptions directly
from the ImmediatePay app. The functionality is a new money saving
offering within the suite of financial wellness tools Immediate
provides, including earned wage access, budgeting tools, and more.
Users will be able to quickly access savings from the prescription
drug discount program by presenting their member card within the
app upon checkout at any participating pharmacy.
ScriptSave WellRx negotiates discounts on drug prices with
pharmacies nationwide, providing reduced prices on thousands of
prescription drugs, including pet medications. Immediate users can
access these discounted prices by simply showing their member card
within the ImmediatePay app when checking out at the pharmacy
counter. ScriptSave WellRx is accepted nationwide at more than
65,000 pharmacies, with an average savings of 60% and in some cases
80% off the retail drug price.
"We admire what Immediate is doing to advance financial wellness
for employees across the U.S.," said Marcus
Sredzinski, PharmD, executive vice president and chief
operating officer for ScriptSave WellRx. "The economic challenges
that people may be facing due to the pandemic has made it more
important than ever to give them opportunities to save money on the
things they need and purchase regularly. We're proud to offer our
savings directly to Immediate users from within the ImmediatePay
app."
"For employees with limited insurance or no prescription
coverage, we can help significantly reduce out-of-pocket costs,"
said Debbie Payne vice president,
sales and account management at ScriptSave WellRx. "And for
those with health insurance, be it Medicare or a high deductible
health plan, we can reduce the cost of medications not covered by
their insurance, or even help them find a lower price than their
insurance copay."
While individual cost savings will vary by each prescription
drug, Immediate users will be able to instantly access a lower
price drug price at the checkout counter. ScriptSave WellRx has
saved consumers more than $10 billion
dollars in prescription costs over the last 25
years.
"As a financial wellness company our focus is to help customers
make better financial choices," said Matt
Pierce, Immediate founder and CEO. "Healthcare costs can
make up significant ongoing expenditures. It's important to us to
provide our users with tools that will help them focus on making
healthy financial decisions, and ScriptSave WellRx does exactly
that. We evaluated different competitors in the market and
ScriptSave's robust platform and competitive discounted price
offerings were clearly the best choice. We're very excited for this
partnership and the ability to offer these savings to our
users."
About ScriptSave WellRx
ScriptSave WellRx negotiates
drug prices in bulk with pharmacies across the nation, giving it
access to pricing information for most prescription drugs being
sold at independent and chain pharmacies. It makes these pricing
data available at no cost via the free ScriptSave WellRx mobile app
and website. The digital health company provides a fast, easy, free
way for patients (and healthcare practitioners) to get a second
opinion on what an out-of-pocket cost might be. Patients can
price-check all their family's medications at most pharmacies in
any zip code with just one click. Healthcare practitioners can
price-check medications and share savings with their patients using
the WellRx for HCPs app.
DISCOUNT ONLY - NOT INSURANCE. Discounts are available
exclusively through participating pharmacies. The range of the
discounts will vary depending on the type of prescription and the
pharmacy chosen. This program does not make payments directly to
pharmacies. Members are required to pay for all prescription
purchases. Cannot be used in conjunction with insurance. You may
contact customer care anytime with questions or concerns, to cancel
your registration, or to obtain further information. This program
is administered by Medical Security Card Company, LLC, Tucson, AZ.
About Immediate
Immediate partners with employers to
provide their employees with wages that have been earned but not
paid, whenever they are needed. With seamless time tracking and
payroll integrations, same day and next day bank transfers, and the
ability to put earnings directly on a debit card, Immediate is
working to improve financial wellness and eliminate cycles of debt
for employees by allowing them to access their hard-earned
wages. To learn more, visit joinimmediate.com.
Media Contact
Vanessa
Ulrich
(410) 534.1161
vulrich@sage-growth.com
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SOURCE Immediate