A: Yes.

A: Implementation is extremely easy. Our representatives will work with you to complete our 2 page implementation document, program agreement and funding paperwork. Upon completion, we will work with you to obtain employee/dependent eligibility information. We can accept eligibility in nearly any format (including 834 files) and can have a new client LIVE in less than 30 days.

A: Our database includes over 7,000 generic drugs and is updated weekly. 

• Our network pharmacies continuously transmit to us their “below MAC” generic drug prices and pharmacy locations. 

A: Plan members enter their prescription drug on the MedtipsterFree website (www.medtipsterfree.com), simply pick a preferred Medtipster pharmacy in their neighborhood and use their MedtipsterFree ID card at the point-of-sale. Plan members obtain their generic medications for free and employers realize an average prescription savings of over 40%. All in one easy action! 

A: Generic drug acquisition cost from pharmacy to pharmacy varies significantly. Employees and their dependents are in the driver seat spending their employer’s healthcare dollars while wearing a blindfold. The average generic price disparity (GPD) across pharmacies nationwide is $18.17 per Rx. This GPD is unmanaged and employers are paying far too much for their generic prescriptions. 

A: MedtipsterFree is a prescription benefit overlay for a traditional pharmacy benefit plan, connecting pharmacies across the country to compete against one another on plan member prescriptions. 

A: Our initial compliance results show a 4% generic dispensing rate (GDR) increase, with savings of over $5 per employee per month (including administration fees).

A: Yes. There is a one-time cost of a $1.00 per ID card (+ postage).

A: The only MedtipsterFree administrative cost is a $1.50 per employee per month (PEPM) fee, billed monthly. There are no per paid claim administration or pharmacy dispensing fees.