Retail News Breaks Archives
Health network for uninsured taps Rite Aid for Rx
November 10th, 2009
NEW YORK – Rite Aid Corp. is serving as the exclusive pharmacy provider for a new health care network in metropolitan New York that serves uninsured and underinsured patients.
The Transparent Health Network, launched this month by Transparent Health Group LLC, is a noninsurance health care plan designed to offer consumers medical, prescription and other health services at low prices.
For a monthly fee of $39 for an individual or $54 for a family, members receive access to a network of more than 1,200 providers — including primary care, specialist and ancillary health care providers — who have contracted to provide care at reduced fees. Provider locations are spread across the five boroughs of New York City, Westchester and Long Island.
Members also gain access to discounted pharmacy benefits, including more than 500 prescriptions starting at $6.99 per month, at 400 Rite Aid drug stores throughout metro New York, according to Transparent Health Network.
Beyond the formulary, the plan includes discounts on additional prescriptions and a variety of Rite Aid-brand front-of-store products. A link to Rite Aid's online store locator is included on the network's web site.
Transparent Health Network noted that because its plan is not health insurance, members pay the providers directly when they receive care. Membership in the network, available by registering on its web site or via employers, can stand alone or be combined with a high-deductible health plan, the company said.
"Transparent Health Network was created on the premise that health care can and should be affordable, even if health insurance is not," Betty Heiman, chief executive officer and founder of Transparent Health Network, said in a statement. "It has always been appalling to me that the most vulnerable patients, the uninsured — who lack the purchasing power of a network — usually pay the most. Transparent Health Network is a cost-effective solution for these people."