Chamber expands member benefits

May 1st, 2013 By: E. Troy Tudor

New discount prescription drug card available

The Greater Las Cruces Chamber of Commerce now offers free discount pre­scription drug cards to all chamber mem­bers, members’ employees, contractors, clients, friends and families.

The program provides discounts of up to 75 percent on brand and generic medi­cations. The program has no membership restrictions, no income requirements, no age limitations and no applications to fill out. All chamber members are eligible to receive savings. No personal information is required to obtain a discount card and all prescriptions processed through the program are completely confidential.

The discount prescription drug card program was launched as a member ben­efit to help businesses, and in particular small and minority businesses, cope with the rising cost and uncertainty created
by the Patient Protection and Affordable Care Act (PPACA). The chamber is con­stantly looking for opportunities to help businesses, and health care has become a roadblock for many in this area.

According to Moody’s economist Mark Zandi, data suggests health care is having an impact on small businesses’ ability to hire. This reinforces the finding in the lat­est U.S. Chamber Small Business Outlook Survey – 71 percent of small businesses say the PPACA makes it harder to hire.

The chamber’s discount prescription drug card program will help uninsured and underinsured individuals afford their prescription medications. The program can also be used by people who have health insurance coverage with no pre­scription benefits, which is common in many health savings accounts (HSA) and
high deductible health plans. Additionally, people with prescription coverage can use the program to get a discount on prescrip­tion drugs that are not covered by their existing insurance. A chamber employee recently filled a $35 prescription for only $10 using the prescription drug card.

Program highlights:

• Nocostforthecard.

• Therearenoenrollmentforms,restric­tions, age or income requirements, waiting periods, eligibility require­ments, exclusions, claim forms to file or annual/lifetime limits.

• Coverspre-existingconditions.

• Includes discounts on brand and ge­neric
medications and is an open for­mulary so all medications are eligible for discounts.

• This program has a “lowest price” feature that provides cardholders the lowest plan price on prescriptions at participating pharmacies. Medication
pricing and discounts are calculated on the plan’s lowest negotiated contract price and the pharmacy’s “usual and customary” price.

• Thisprogramcanbeusedbythosewith Health Savings Accounts (HSAs), high deductible plans, Medicare Part D (non-covered drugs) or no prescrip­tion
drug plan.

• The program can be used as a stand­alone benefit or to get discounts on non-formulary medications. Formulary medications are brand name and generic medications that are preferred by your insurance company. There are currently more than 56,000 pharmacy locations across the coun­try participating in the program, in­cluding all major pharmacy chains such as Walgreens, CVS/Pharmacy, Albertsons and Walmart.

This is the first of many new and excit­ing member benefits the chamber will be rolling out this year. For information on this and other benefits of chamber mem­bership, contact Troy Tudor at 524-1968.