Healthcare First. Insurance Last.
NewAm Health Rx provides novel prescription drug programs to augment the more traditional health insurance plans usually provided by self-insured employers. NewAm has designed two Rx programs to meet the needs of self-insured employers and save the employers and their employees money: NewAm’s Low Cost Pharmacy Benefit Manager (PBM) and NewAm’s Self-Insured Pharmacy Program.
Our Partners
Low Cost PBM Program
We offer a fully transparent pharmacy benefit management (PBM) solution, and use technology to put specific drug and competitive pharmacy pricing into the hands of prescribers and patients, so each can make informed decisions – before the patient gets to the wrong, overpriced pharmacy counter.
There are no drug tiers, no limitations to the formulary, and no mysteries when it comes to rebates and coupons.
Broad Pharmacy Partner Network
With over 67,000 pharmacies, employees will have easy access to all national chain pharmacies and most independents. The NewAm provided search tool, NewAm NavigationSM, directs employees to the greatest prescription savings options located conveniently for the employee. NewAm Health Rx by mail service is also available for even greater access.
Self-Insured Pharmacy Program
NewAm Health Rx’s innovative benefit model offers three plan levels for self-insured employers looking to save money for themselves and their employees on the ever-increasing cost of prescription drugs.
Program fees are paid into an escrow-type account, from which a portion of the pharmacy spend is deducted. NewAm Health’s pharmacy benefit program includes a low cost-share for members and suggested prescription fulfillment using NewAm NavigationSM.
Up to the per prescription price limit for a given program benefit tier ($30, $100 or $300), most prescription drugs are included – there are no formulary exclusions. And, for most prescriptions, patients have access to discounted pricing – oftentimes offering far deeper savings than other drug discount programs and drug cards.
Shared Savings
At the completion of the plan year, funds remaining in the escrow account are shared between NewAm and the self-insured organization.
Talk to us
The market has been demanding better pharmacy programs and relief from upwardly spiraling costs. NewAm Health Rx answers this demand by providing the right drug at the right place at the best price.
The revolution in pharmacy programs begins now!
"NewAm is always easy to work with. They make it simple to always get fair pricing for our members so they and their employers don't overpay."