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Unlock Prescription Savings for Your Clients

Posted on: October 15th, 2024 by Our Team

In today’s competitive benefits landscape, standing out is more important than ever. Employers are constantly looking for ways to offer real value to their employees while managing rising healthcare costs. According to our Benefit Innovation Report, prescription savings have emerged as a “mainstay” of innovative benefits, offering a practical solution that negotiates the best prices for most medications on behalf of consumers. This is a key area where you can provide real value to your clients. With the rising cost of medications being a significant burden for employees, well-designed discount programs can become a major differentiator in the marketplace.

At New Benefits, we recognize the growing need for accessible and affordable medications, so we’ve expanded our prescription savings solutions. Our latest innovative program, ManifestRx, removes the guesswork from prescription costs and positions your clients as employers of choice. Pairing ManifestRx with offerings like NB Rx provides brokers with powerful tools that make their clients’ benefits packages stand out.

The Growing Importance of Prescription Savings

Prescription drug costs are soaring. According to a CDC study, nearly 1 in 4 Americans find it difficult to afford their prescriptions, often leading to skipped doses or untreated conditions. This not only impacts employee health but also workplace productivity. By offering prescription savings programs, your clients can support their employees’ health while also keeping healthcare costs manageable.

What sets businesses apart in this crowded market? Offering innovative and meaningful health and wellness benefits. Prescription savings programs, like those offered by New Benefits, provide an easy and impactful way for companies to improve employees’ quality of life instantly. And when employees see value in their benefits, retention and engagement rise. As a broker, providing your clients with innovative and easy-to-use prescription savings tools and programs can make a real difference. 

The results from our Broker Pulse Survey highlight the ever-evolving benefits landscape. One constant is the strong demand for non-insured benefits, especially prescription discount programs. In fact, Rx savings ranked as one of the top requests from brokers seeking to expand their current offerings. By introducing in-demand benefits, you can help your clients stay ahead of the curve and meet employee needs. 

NB Rx: A Time-Tested Prescription Savings Tool

New Benefits is making it easier than ever for members to save on medication costs, with one of the most versatile options being NB Rx. This savings tool offers members savings of 10% to 85% on most prescriptions at over 60,000 retail pharmacies nationwide. Whether brand-name or generic medications, NB Rx ensures employees can find affordable options without hassle. Through the mobile app or web portal, members can easily search for prescriptions, compare prices across local pharmacies, and make informed decisions about their health costs. This transparent pricing empowers employees to take more control over their healthcare spending, a benefit they will notice and appreciate.

For brokers, NB Rx provides a competitive advantage, addressing one of the most significant pain points for employees: the rising cost of necessary medications. The ease of use and immediate savings available through NB Rx make it an attractive addition to any benefits package.

ManifestRx: The Future of Prescription Savings

While NB Rx offers significant savings, we’re excited to take prescription savings to the next level with ManifestRx, our newest and most innovative prescription discount program. With ManifestRx, members can access over 1,000 maintenance medications delivered directly to their door, and 70+ urgent care medications available at local pharmacies—all at no cost.

Yes, you read that right: $0.

ManifestRx eliminates the guesswork and unpredictability of prescription costs, giving members confidence that they can get the medications they need without worrying about how much it will cost them. This predictability is invaluable, especially for members managing chronic conditions who rely on regular access to medication. ManifestRx helps members stay on their treatment plans by removing financial barriers, leading to better overall health outcomes.

Top Use Cases for ManifestRx

ManifestRx offers significant value across various scenarios, making it a game-changer—especially for part-time workers, associations, and employers with self-funded plans. For part-time workers who often lack traditional health insurance, the ability to get most medications at $0 can alleviate a huge financial burden, ensuring they can still access the prescriptions they need. Self-funded plans also benefit by offering ManifestRx, as it enhances their benefit offerings without adding substantial costs, helping them support employees’ health while managing expenses. Associations looking to attract and retain members will find ManifestRx a valuable perk, offering substantial savings on essential medications that members will appreciate.

Conclusion: Set Your Clients Apart with Prescription Savings Benefits 

In an era where healthcare costs are escalating, offering real savings on prescription medications is more than just a perk—it’s a game-changer and major differentiator. Programs and resources like NB Rx and ManifestRx provide powerful tools for your clients, helping them support their employees’ health while managing costs effectively. These innovative solutions address a critical financial burden and improve employee satisfaction and retention by demonstrating a commitment to their well-being.

As a broker, equipping clients with forward-thinking prescription savings programs positions you as a trusted advisor who brings real, tangible value. With New Benefits, your clients can stand out in the competitive benefits landscape by offering solutions that truly make a difference in the lives of their employees.

Partner with New Benefits to unlock the future of prescription savings for your clients and help them become employers of choice with NB Rx and ManifestRx—because healthier employees lead to a healthier business.