RxBenefits, Inc. | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
RxBenefits, Inc. is a pharmacy benefits optimizer (PBO) that specializes in cost-containment solutions for self-insured employers. Founded in 1995 in Birmingham, Alabama, the company manages nearly $3 billion in annual pharmacy spend and serves close to 3 million members with a team of over 700 employees. The organization partners with benefits consultants and employers to optimize pharmacy benefits using a client-aligned, flat-fee model that prioritizes client success and cost efficiency.
The company offers a range of services, including a claims repricing platform to reduce pharmacy claims costs, an analytics platform for actionable insights into pharmacy spending, and clinical utilization management programs. Additionally, it provides online tools for brokers and plan members to enhance transparency and engagement. The company is committed to personalized service, treating each customer as an individual with unique needs, and emphasizes innovation and employee well-being through initiatives that encourage continuous improvement.
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