Industrial Alliance Insurance and Financial Services has introduced a drug cost management tool for its group insurance clients.
WebRx, which is on its website and app, informs plan members if they are covered for a prescribed medication and estimates their reimbursement amount based on their benefits plan.
The tool is intended to eliminate waste from the drug purchasing process by giving plan members tips to make informed choices such as opting for a generic version, if available, instead of a brand name drug.
“WebRx is the drug tool that every plan member needs,” said Jacques Parent, senior vice-president, group insurance, at Industrial Alliance. “Plan members will be able to try it in their doctor’s office and ask the right questions at the right time.”
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