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Frequently Asked Questions

What is a Transparent PBM?

A transparent PBM openly displays all rebate details, pricing, and fees. This model eliminates hidden costs and spread pricing, ensuring that employers and plan sponsors know exactly what they're paying.

How does TruthRx differ from traditional PBMs?

TruthRx offers 100% rebate pass-through, no spread pricing, and real-time claims data. We provide a clear breakdown of all costs, so you know exactly where your money goes.

How does TruthRx generate revenue?

We charge a transparent per claim fee, as well as share a small percentage of cost savings on specialty drugs. We bring PBMs back to what they were originally meant to do: negotiate savings, identify cost-saving opportunities, and process claims.

What is spread pricing and why is it a problem?

Spread pricing occurs when a PBM charges more for medications than what is reimbursed to pharmacies, creating hidden profit margins. This practice increases overall costs. TruthRx ensures you pay exactly what pharmacies charge.

How are rebates handled?

All rebates from manufacturers are passed directly through to you, with no deductions. Our transparent system shows every rebate, maximizing your savings.

Can TruthRx integrate with TPAs and Brokers?

Absolutely. Our platform is designed for seamless integration with Third-Party Administrators (TPAs) and brokers, ensuring smooth collaboration and enhanced service delivery.

What benefits can I expect with TruthRx?

By choosing TruthRx, you'll benefit from transparent pricing, significant cost savings, real-time data access, and a more efficient PBM model that prioritizes your financial and healthcare needs.

Who can benefit from using TruthRx?

Employers, TPAs, and brokers seeking a more transparent and cost-effective approach to managing prescription benefits will find great value in our services.