![]() ![]() => three-reasons-for-micromanaging-pharmacy-benefits => 4 questions to ask before signing your next PBM service agreement => 4-questions-to-ask-before-signing-your-next-pbm-service-agreement => New inflation-linked drug rebates have gone into effect => new-inflation-linked-drug-rebates-have-gone-into-effect => New Report Clears Up Misunderstandings About Drug Pricing Benchmarks => new-report-clears-up-misunderstandings-about-drug-pricing-benchmarks => How the 10 largest PBMs hold huge sway in health care marketplace => how-the-10-largest-pbms-hold-huge-sway-in-health-care-marketplace => 6 Things Every Transparent PBM Should Do for Clients => 6-things-every-transparent-pbm-should-do WHERE post_status='publish' AND trx_posts.post_type='post' LEFT JOIN trx_terms ON trx_terms.term_id = LEFT JOIN trx_term_taxonomy ON trx_term_taxonomy.term_taxonomy_id = ![]() Trx_posts.post_date, YEAR(trx_posts.post_date) AS 'year',įROM trx_posts LEFT JOIN trx_term_relationships ON trx_posts.ID = Trx_posts.post_name, trx_posts.post_title, trx_posts.post_author, The cards work, in the sense that something is better than nothing. Maybe so, but that’s an average of only $100 per person, far from what the cards imply. ScriptRelief claims that 7.5 million Americans have saved more than $750 million with its prescription cards. However, it freely admits to gleaning data, including Internet addresses and Web browsing habits, for its entities. On its Website, ScriptRelief vows to never sell or trade your personal data to a third party. ScriptRelief is the umbrella name for the various guises of Loeb’s prescription cards. The panoply of names associated with the prescription cards includes ScriptRelief, yet another facet of Loeb Enterprises. And, just like supermarket cards, using them surrenders a measure of your privacy. The millions of prescription savings cards issued under manifold names by Loeb Enterprises do the same thing. Notice that the product coupons you get at Harris-Teeter and Food Lion are geared to your consumption. They scoop up reams of information about our buying habits. Supermarket cards are one of the great feats of marketing. The money comes from buying more than you planned. That’s much the way supermarket cards work. Pharmacies accept the cards in return for a pittance from Loeb Enterprises – your coupon, so to speak – hoping that you will make impulse purchases of other items while in the store. They imply savings from 50 percent to 75 percent, but you’re more likely to find a five-pound gold nugget in your backyard than reap a bushel of savings at your neighborhood CVS or Walgreens. In fact, the Better Business Bureau in New York gives the cards a C rating, describing them as the equivalent of coupons without expiration dates. It’s not a scam, though I’d put it into doubtful territory, and so should you. Now, if you got a savings card from American Prescription Discounts cum Loeb, your first question was: Is this thing real? Prescription savings cards are new territory for Loeb, which partnered with pharmacy benefits manager Catamaran Inc. The New York City-based firm is the brains behind, among other ventures. ![]() The cards come from the most successful marketing outfit you’ve never heard of, Loeb Enterprises. Which card you get depends on how you’ve been identified through marketing wizardry. Prescription Discounts, Help Rx, National Prescription Savings Network, Rx Relief and The Healthcare Alliance. Actually, many of us have heard from American Prescription Discounts, though under other names. Nonetheless, the neighborhood telegraph lit up with questions about these prescription savings cards from an unknown vendor. And neither are the people in my neighborhood, all of whom have health insurance. I am not one of them, thanks to Medicare Part D and a Medicare Advantage Plan from United Health Care. Yes, even with ObamaCare, millions remain without prescription drug coverage, particularly “documented and non-documented Americans.” That’s me in computer-speak worthy of the Enigma Machine, the fabled German encryption device of World War II.Ī letter accompanying the cards spoke glowingly of prescription discounts up to 75 percent for anyone without health insurance. #Panoply 14762 codeThe cards came addressed to Resident Code #HB-8315-78923. Along with solicitations from Flying magazine (I’m not a pilot) and North Carolina Game and Fish (I’m not a hunter) and an outfit named EWS offering an extended vehicle warranty (I don’t need one), the recent mail also brought two plastic cards from American Prescription Discounts (who?). ![]()
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