MARPAIRX REVOLUTIONIZES PHARMACY BENEFITS WITH UNPRECEDENTED TRANSPARENCY AND SAVINGS

Core Insights - Marpai, Inc. has relaunched MarpaiRx, a pharmacy benefit management solution aimed at enhancing member experiences and reducing costs for health plans in the $150 billion TPA market [1][2][3] Group 1: MarpaiRx Features - MarpaiRx offers complete transparency with no hidden fees or surprise markups, ensuring real savings for health plans and members [2][6] - The solution employs advanced technology to identify the most cost-effective medications, focusing on lowest net costs [6] - MarpaiRx enhances member experience by streamlining prescription delivery, prior authorizations, and financial assistance coordination [6] Group 2: Cost Management Strategies - The program addresses high specialty drug costs through real-time technology and a multi-pronged approach [5][6] - It includes international sourcing for specific medications to secure discounts while maintaining supply chain integrity [6] - Flexible copay programs are designed to incentivize members to choose cost-effective specialty medications [6] Group 3: Market Context - According to a 2024 study, over 24% of healthcare spending is allocated to prescription drugs, highlighting the need for cost-effective pharmacy benefits [3] - Marpai operates in a competitive landscape, serving self-funded employer health plans that represent over $1.5 trillion in annual claims [7]