Innovative healthcare company launches program that allows members to buy prescription drugs at wholesale cost

BOCA RATON, Fla. - Jan. 5, 2016 - PRLog -- Millennial Healthcare, a newly formed healthcare benefit manager, has officially launched its website and begun marketing its flagship product MailMyPrescriptions.com. This revolutionary pharmacy drug benefit gives members access to prescription drugs at wholesale cost through a network of pharmacies it owns and operates. For just a few dollars a month, MailMyPrescriptions.com members can save up to 95% on generics, with some drugs as cheap as $1 for a 90 day supply. Members can use the website or app to input their out-of-pocket costs for a prescription to see if they can purchase the drug cheaper through the program than through their insurance or paying cash at their preferred pharmacy.

“We are moving quickly to introduce America to this program, and already in discussions with certain affinity groups and businesses, our goal is to enroll over 1 million households in the first quarter of 2016,” said Santo J. Leo, CEO and Founder of Millennial Healthcare, the parent company of MailMyPrescriptions.com. “Pretty soon we will begin offering risk-free trial memberships. 70% of Americans take prescription drugs. Health Insurance premiums and out-of-pocket costs are skyrocketing. Every American taking a medication should have this product.”

Millennial Healthcare is offering up to 60% off its starting monthly membership fee to affinity groups, associations and businesses. Insurance brokers and benefit managers who want to market the product to their clients can get the same preferred rates. Studies conducted by Millennial Healthcare have shown that businesses can reduce their current annual drug spend by up to 47% on average and reduce the business's cost to insure their employees by reducing utilization through their health insurance, regardless if the business is self-funded or not.

MailMyPrescriptions.com was found to be 52% cheaper in a study of over 40 commonly prescribed drugs for conditions including Arthritis, Pain Management, Asthma, Diabetes, Blood Pressure and Mental Health than the best cash pay pricing offered by CVS Hea­lth Savings Pass®, Walgreens Prescription Savings Club®, Walmart $4/10 Generics, and the best price aggregated by GoodRX at the time of the study, which is available on the MailMyPrescriptions.com website.

Unlike the competitors in the study, the program has no hidden fees, such as dispensing fees or restrictive ‘formularies’. Members gain access to over 50,000 prescription drug medications, plus OTC drugs and vitamins that do not require a prescription. Memberships are tied to a residence so anyone in the household can use it for one monthly fee. Some restrictions may apply.

Millennial Healthcare is a company which seeks to introduce a new generation of healthcare solutions that take a proactive approach to reduce healthcare costs for individuals, groups, and the overall National Healthcare Expenditure. MailMyPrescriptions.com is a subsidiary of Millennial Healthcare Corporation.

Media Contact
Millennial Healthcare Corporation
Santo J. Leo
press@millennialhealthcare.com
Photos: (Click photo to enlarge)



Read Full Story - Innovative healthcare company launches program that allows members to buy prescription drugs at wholesale cost | More news from this source

Press release distribution by PRLog