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FairosRx

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FairosRx Products (2)

   
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Pharmacy Benefit Manager (PBM)
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Pharmacy Benefit Provider

Product Description

FairosRx offers the stability of a private family-owned and founder-led company that is part of OccuNet, the Reference Based Pricing and Out-of-Network market leader, established in 1996 in Amarillo, TX.

The FairosRx PBM offers a simplified approach to transparency with a straightforward 10-page contract and flexible cost... Show More

About this product

×
FairosRx offers the stability of a private family-owned and founder-led company that is part of OccuNet, the Reference Based Pricing and Out-of-Network market leader, established in 1996 in Amarillo, TX.

The FairosRx PBM offers a simplified approach to transparency with a straightforward 10-page contract and flexible cost savings levers that include international, clinical alternatives, 340B, J-Code, CAP/PAP, etc.

Our goal is to always drive to the lowest net cost with full pass-through and a basic admin fee pricing structure based on size and complexity of the employer.

We offer flexibility and customization for every client, and have a combined bench strength of over 87 years with a team that has worked together nearly 25 + years together through their former employer, Maxor Plus.

Min. Group Size

-

Lives Serviced

100,000

Average Cost

Average Cost is Locked

0 RFI Questions RFI questions

RFI questions number is Locked

26 Specific Questions Specific Questions tooltip

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Product Features

✓

Balance Bill Protections

 ✓

Patient Assistance Program (PAP)

 ✓

Manufacturer assistance fill-in
✓

Alternative drug sourcing

 ✓

Pass-Through, Admin Fee Only Contracts

 ✓

Rebate administration
Show All Features

Product Features

×
✓

Balance Bill Protections

 ✓

Patient Assistance Program (PAP)

 ✓

Manufacturer assistance fill-in

 ✓

Alternative drug sourcing

 ✓

Pass-Through, Admin Fee Only Contracts

 ✓

Rebate administration

 ✓

No pharmacy profit interest

 ✓

All Specialty Pharmacies Allowed

 ✓

Auditable Contract

 ✓

Formulary customization

 ✓

Multiple formulary options

 ✓

Flexible plan design options

 ✓

Specialty drugs excluded

 ✓

Utilization management carve-out

 ✓

Utilization management

 ✓

Price Estimation Tool

 ✓

Price Finder

 ✓

Drug Coupon Locator

 ✓

Prescription Discount Card

 ✓

Cash Pay Options Accounted For

 ✓

Copay accumulator

 ✓

Live customer service

 ✓

90-day fills at retail

 ✓

Physical or digital ID cards

 ✓

Manufacturer Copay Cards

 ✓

Prescription Digital Therapeutic (PDT)

Not Provided.

FairosRx Info

Founded:

2019

Funding Summary:

Not Provided

Location:

Amarillo, Texas

Links:

Employees:

350

Competitors

Rightway Rightway OptumRx OptumRx Capital Rx Capital Rx
At last, pharmacy benefits that work for everyone. FairosRx empowers you by providing the clarity of your real costs. Our expert team assists you with customized, flexible pharmacy benefit solutions to improve member outcomes and achieve better financial results. The... Show More

About this vendor

×
At last, pharmacy benefits that work for everyone. FairosRx empowers you by providing the clarity of your real costs. Our expert team assists you with customized, flexible pharmacy benefit solutions to improve member outcomes and achieve better financial results.

The FairosRx culture is built on honesty, accountability and trust with our clients. Our clarity and straight forward approach has proven to help clients save money on their pharmacy benefits.

With our next generation claims system and reporting tools, the FairosRx clinical and account management teams provide granular analysis of clinical programs, formulary management, plan design recommendations, utilization management, member outcomes and financial performance. Our teams consistently review key metrics for plan performance, member adherence, and identify members at risk.

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