DALLAS & OMAHA, Neb.– The Mark Cuban Cost Plus Drug Company, PBC (Cost Plus Drugs) and Vivid Clear Rx, a pass-through pharmacy benefit manager, have teamed up to make it easy for patients to access low-cost prescriptions.
Now, eligible Vivid Clear Rx members have direct access to purchase affordable prescriptions and have them shipped through Cost Plus Drugs using their pharmacy benefit plan.
Cost Plus Drugs’ online pharmacy provides individuals with complete transparency into the drug pricing process. All medications are priced at cost with a 15% markup. Similarly, Vivid Clear Rx also provides transparent pricing, offering a 100% pass-through model and no spread pricing or hidden fees. By collaborating together, Cost Plus Drugs and Vivid Clear Rx aim to control drug costs for health plans and patients nationwide.
“As prescription prices continue to rise, it’s more important than ever that we help control these costs for employers and our members,” said Amy Wadstrom, president of Vivid Clear Rx. “Cost Plus Drugs’ upfront pricing model builds on our mission at Vivid Clear Rx to bring more transparency to the pharmacy benefit industry and helps shine a light on the opaqueness of traditional medication pricing.”
“We are excited to join forces with a like-minded company such as Vivid Clear Rx,” said Alex Oshmyansky, CEO of Cost Plus Drugs. “At Cost Plus Drugs, we are committed to revolutionizing the pharmaceutical landscape through transparent drug pricing, and working with Vivid Clear Rx aligns seamlessly with our mission. Together, we are ensuring affordability, accessibility, and clarity in medication costs, empowering individuals to make informed choices about their health and well-being.”
