"We see so many people constantly facing higher and higher prices for their prescriptions. As one of the largest prescription drug savings organizations in the country, we are thrilled to bring this new generation of prescription drug savings as a real, meaningful resource to consumers," said Paul Thomas, CEO, RefillWise and co-founder of Luscinia Health. "We have created a secure, innovative, user-friendly online portal to enable people to easily leverage our savings card, track prescriptions, and access their rewards and all the benefits they receive as a member of our network."
RefillWise is available to anyone living in the United States. The prescription drug savings card is offered at no-cost, and is available online to anyone who wishes to reduce the amount they spend on their prescriptions - the uninsured, underinsured and insured individuals.
"We're dedicated to helping people discover new ways to afford their prescriptions. We are continuously monitoring the cost of drugs, and offer significant savings, as well as added rewards. It's all about the power of our network and ability to drive costs down," continued Thomas. "We encourage our members who are insured to compare the cost of a prescription with our card - it's not unusual for RefillWise to offer savings beyond what is offered by insurance."
The cost of prescription drugs is rapidly increasing, even for the insured. According to a recent study released by nonprofit group, Commonwealth Fund, 40 percent of those surveyed stated that they have intentionally forgone receiving necessary medical treatment when they were sick due to their high deductibles.
Additionally, according to a survey by the Segal Group in late 2015,prescription drug price inflation is expected to hit double-digits in 2016, more than 10 times the consumer price index for all goods and services. The benefits consulting firm also estimates that prescription drug prices will rise 9.8 percent in 2016.
Refillwise is a prescription drug and customer engagement company that gives its members valuable, easy-to-use tools they can utilize to decrease the cost of their prescription drugs. With a team of more than 12 employees based in Houston and Dallas, the company integrates technology and data science to bring consumers a new level of savings in prescription drugs. RefillWise anticipates scaling and expanding its digital presence in coming months with additional features and benefits for its members.
RefillWise is a prescription drug savings and customer engagement company that gives its members valuable, easy-to-use tools they can utilize to decrease the cost of their prescription drugs.
RefillWise is a subsidiary of Luscinia Health, a family-owned business with two decades of experience, and one of the nation's first free prescription savings cards for consumers. To date the company's cards have been used by millions of people across the country, resulting in hundreds of millions of dollars in collective savings.
Visit us at www.RefillWise.com and follow us on Twitter at @refillwise.
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