NexgenRx ™ , a publicly traded company established in 2003, answers increasing demands for an alternative to life insurance companies as the traditional providers of drug, dental and extended health care benefits. We enable plan sponsors to better control costs and improve health outcomes for employees and their families by using leading edge communications and processing technology.
NexgenRxTM Benefits for Plan Sponsors
- Immediate savings as a result of fixed transaction fees rather than charges based on a percentage of paid claims
- The ability to manage the most complex of plan designs and formularies. (virtually unlimited plan design flexibility and customized formulary management)
- Better control of costs through active drug plan management utilizing the NexgenRx Intervention Suite™
- Improved health outcomes through active management of certain disease states
- Retrospective and prospective claims data analysis by pharmaceutical experts
NexgenRxTM Benefits for Brokers, Consultants, Third Party Administrators
- Strengthens the role of professional advisors in providing advice and guidance on plan and formulary design to meet their clients' needs
- Products and services more varied and cost effective than those available from insurers and others in the Canadian marketplace.
- Routine and completely flexible claims reports incorporating up-to-date data and produced within 24 hours, and customized clinically-based reports are available upon request
- An opportunity to effect real change in how drug, dental and extended health care benefits are designed, priced, delivered and measured.