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Paramount Rx Saves Customers More than $400 Million on Prescriptions in 2018 through Community Cares Rx Program

December 19, 2018

CARY, N.C.--(BUSINESS WIRE)--Dec 19, 2018--Prescription Benefits Manager  Paramount Rx saved customers more than $400 million on their prescriptions in 2018 through its Community Cares Rx prescription discount program. The program’s free prescription discount card helps provide immediate savings to millions of underinsured and uninsured American families, strengthening communities by giving people an easier path to affordable prescriptions.

“As the new year approaches, many of our customers are facing important health care decisions and contending with increased premiums, cost sharing increases and deductible resetting,” said Ron Richmond, senior vice president of provider relations at Paramount Rx. “By eliminating the high fees typically associated with prescription discount cards, we are able to pass significantly more savings along to customers than many other programs in the marketplace.”

In addition to helping customers save money on their medications, Paramount Rx invested heavily in communities across the country in 2018. Recent efforts include funding vaccination programs in Texas, supporting diabetes education initiatives in Minnesota and donating to community-based food charities in Florida.

The Community Cares Rx card is accepted at more than 57,000 pharmacy locations across the country. This expands options for customers and allows them to stay with their preferred community pharmacy. Online tools also allow program participants to  locate a pharmacy  and  research drug pricing and availability, providing an extra layer of support and convenience in the pharmacy shopping experience.

To download and print a free prescription discount card, please visit www.communitycaresrx.com.

About Paramount Rx Inc.

Paramount Rx is a full-service prescription benefits manager (PBM) focused on consumer-driven health care to help clients provide services for consumers to save money on prescription drugs. The company has tailored programs to help their customers and consumers achieve significant savings with discount prescriptions through a national network of over 57,000 participating pharmacies. For more information, visit www.paramountrx.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005097/en/

CONTACT: on behalf of Paramount Rx

Julie Colman, 919-459-6459

julie@largemouthpr.com

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: SENIORS WOMEN HEALTH PHARMACEUTICAL PHILANTHROPY PROFESSIONAL SERVICES PARENTING INSURANCE RETAIL OTHER PHILANTHROPY SUPERMARKET DIABETES CONSUMER FAMILY GENERAL HEALTH MEN

SOURCE: Paramount Rx Inc.

Copyright Business Wire 2018.

PUB: 12/19/2018 09:00 AM/DISC: 12/19/2018 09:01 AM

http://www.businesswire.com/news/home/20181219005097/en

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