Reduce pharmacy spend without reducing benefits
ChoiceMed™ helps self-insured employers lower prescription spending by leveraging competitive cash pricing without disrupting your existing health plan.
The Problem
Prescription costs are outpacing employer budgets.
Soaring drug costs and rebate-focused PBMs have forced self-insured employers to overpay for common prescriptions for over a decade.
Rising specialty costs and generic drug inflation
Limited pricing transparency
Rebate-driven models misaligned with employer savings
Forced mail order disrupting employee satisfaction
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What we do
What is ChoiceMed™?
ChoiceMed™ cuts pharmacy costs for self-insured employers by searching cash card networks to find cash prices that beat traditional PBM rates, seamlessly maintaining employee coverage.
For Employers
- Reduced pharmacy spend
- Lower plan subsidies
- Transparent savings reporting
- No disruption to broader health benefits
For Employees
- Use HSA/FSA funds
- Stay at preferred pharmacy
- Real-time price comparisons
- Proactive savings notifications
There is another way. The ChoiceMed™ way.
Simple process
How It Works
We do the heavy lifting behind the scenes so you get the savings upfront.
Smart Price Aggregation
RX.co scans 18 national cash card partners in real-time to instantly identify the absolute lowest available price for every prescription.
Empowered Employee Choice
Members compare costs at their current pharmacy, explore or view therapeutic alternatives, paying seamlessly with HSA/FSA funds.
Actionable Employer Insights
Administrators access performance dashboards, prescription-level savings reports, PBM utilization analysis, and strategies for ongoing plan optimization.
What cash pricing can do for you
Why Cash Pricing Often Beats Traditional Insurance
Market-Based Competition
Insurance pricing is complex and frequently inflated by rebate structures, spread pricing, and opaque contracting.
No Rebate Dependency
Traditional PBMs profit from rebate structures that don't benefit employers.
We eliminate the rebate game and deliver direct savings through competitive cash pricing.
Transparent Pricing
Know exactly what you're paying at every pharmacy before the prescription is filled.
Real-time pharmacy-level pricing comparisons empower employees to make informed decisions.
See What ChoiceMed™ Could Save Your Plan.
Schedule a consultation to receive a no-obligation savings analysis.