BidRx As A Model For Injured Employee Choice
One of the most economical websites today is BidRx. I found it while reading a publication by Clark Howard. The website was given a thumbs up by the Center for Medicare/Medicaid Services. (CMS)
One has to have a sponsor when they sign up. I used CLARK from Clark Howard. The 5 minute sign up process was very smooth.
BidRx has a few simple steps:
- Enter in your prescription
- Pharmacies will bid on your prescription
- Wait three days to see who is low bidder
- Pick one of the providers
- Work out the details
There is really no more to it than the four above steps. I was very skeptical as a website that sounds too good to be true usually bombs later.
I do realize that there a few Workers Comp websites that provide this service. However, the ability for the injured employee to do the search on their own may be a good idea. The results would not be dependent on the carrier or TPA’s network.
This page on BidRx seems to market to physicians.
Last month, I decided to try to see if the website would actually save any money on a generic prescription I had been taking for quite some time. I filled in the Bid Sheet and waited a day. Believe it or not, the savings amounted to almost 60%.
One of the interesting quotes on the website is:
Know your patients’ benefit structure and rules
Most patients have drug benefits – of one flavor or another. BidRx shows your patients and their benefits, linked together, so you can make fully informed decisions, for every prescription, every time. BidRx shows you prices, co-payments, discounts, prior authorization (PA) forms that can be completed on-line, and even the availability of product samples. All the information you need is in one place; it’s all on BidRx.
Could this also work for the adjusters? I am under the impression we will see many more patient-driven medical networks such as BidRx.
©J&L Risk Management Inc Copyright Notice
